Philippines - Agricultural And Forestry Tractors - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Agricultural and Forestry Tractor in the Philippines - 2023
Contents:
- Price for Agricultural and Forestry Tractor in the Philippines (CIF) - 2022
- Price for Agricultural and Forestry Tractor in the Philippines (FOB) - 2022
- Imports of Agricultural and Forestry Tractor in the Philippines
- Exports of Agricultural and Forestry Tractor in the Philippines
Price for Agricultural and Forestry Tractor in the Philippines (CIF) - 2022
In 2022, the average agricultural and forestry tractor import price amounted to $7,770 per unit, increasing by 57% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $8,319 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($11,227 per unit), while the price for Vietnam ($2,856 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Agricultural and Forestry Tractor in the Philippines (FOB) - 2022
In 2022, the average agricultural and forestry tractor export price amounted to $40,000 per unit, growing by 22,040% against the previous year. Over the period under review, the export price posted a modest expansion. Over the period under review, the average export prices hit record highs at $100,468 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +234.1% per year.
Imports of Agricultural and Forestry Tractor in the Philippines
In 2022, the amount of agricultural and forestry tractors imported into the Philippines reduced sharply to 7.2K units, which is down by -65.4% against 2021. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 135% against the previous year. As a result, imports reached the peak of 21K units, and then reduced sharply in the following year.
In value terms, agricultural and forestry tractor imports fell significantly to $56M in 2022. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports attained the peak of $103M, and then declined notably in the following year.
| Import of Agricultural and Forestry Tractor in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 45.9 | 38.2 | 49.9 | 27.9 | -15.3% |
| India | 5.7 | 18.2 | 24.0 | 10.4 | 22.2% |
| Japan | 7.0 | 8.8 | 17.0 | 6.0 | -5.0% |
| China | 6.6 | 5.0 | 6.9 | 6.0 | -3.1% |
| Indonesia | N/A | N/A | 0.1 | 1.3 | 1200.0% |
| Vietnam | 0.6 | 0.1 | 1.4 | 0.6 | 0.0% |
| United States | 1.4 | 0.7 | 0.1 | 0.1 | -58.5% |
| Others | 4.5 | 2.1 | 3.4 | 3.5 | -8.0% |
| Total | 71.7 | 73.1 | 103 | 55.8 | -8.0% |
Top Suppliers of Agricultural and Forestry Tractor to the Philippines in 2022:
- Thailand (2483.0 units)
- Japan (1907.0 units)
- India (1256.0 units)
- China (711.0 units)
- Indonesia (358.0 units)
- Vietnam (201.0 units)
- United States (27.0 units)
Exports of Agricultural and Forestry Tractor in the Philippines
After two years of decline, overseas shipments of agricultural and forestry tractors decreased by -73.3% to 4 units in 2022. In general, exports saw a relatively flat trend pattern. The exports peaked at 15 units in 2021, and then reduced sharply in the following year.
In value terms, agricultural and forestry tractor exports surged to $160K in 2022. Over the period under review, exports, however, posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Agricultural and Forestry Tractor in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 160 | 0% |
| Papua New Guinea | 54.9 | N/A | N/A | N/A | 0% |
| Japan | N/A | N/A | 2.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 54.9 | N/A | 2.7 | 160 | 42.8% |
Top Export Markets for Agricultural and Forestry Tractor from the Philippines in 2022:
- Australia (4.0 units)
This report provides an in-depth analysis of the market for agricultural and forestry tractor in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
241
This report provides an in-depth analysis of the market for agricultural and forestry tractor in the Philippines.
610
This report provides an in-depth analysis of the tractor market in the Philippines.
424
This report provides an in-depth analysis of the market for road tractor for semi-trailer in the Philippines.
571
This report provides an in-depth analysis of the crawler tractor market in the Philippines.
342
This report provides an in-depth analysis of the pedestrian-controlled tractor market in the Philippines.
261
This report provides an in-depth analysis of the global market for agricultural and forestry tractor.
3478
This report provides an in-depth analysis of the global tractor market.
881
This report provides an in-depth analysis of the global market for road tractor for semi-trailer.
1235
This report provides an in-depth analysis of the global crawler tractor market.
507
This report provides an in-depth analysis of the global pedestrian-controlled tractor market.
230
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
964
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
703
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1369
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
90
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
230
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
964
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
703
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1369
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
90
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
