Philippines - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines - 2023
Contents:
- Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines (CIF) - 2022
- Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines (FOB) - 2022
- Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines
- Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines
Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines (CIF) - 2022
In 2022, the average import price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $688 per unit, which is down by -16.9% against the previous year. In general, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by 58% against the previous year. Over the period under review, average import prices reached the peak figure at $11,123 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($10,034 per unit), while the price for China ($1,274 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.9%), while the prices for the other major suppliers experienced a decline.
Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines (FOB) - 2022
In 2022, the average export price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $6,857 per unit, surging by 11% against the previous year. Overall, the export price, however, saw a mild curtailment. The growth pace was the most rapid in 2018 an increase of 103%. Over the period under review, the average export prices hit record highs at $7,904 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($13,737 per unit), while the average price for exports to Japan ($2,734 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines
In 2022, imports of elevators and conveyors other than pneumatic, belt- or bucket-type into the Philippines contracted notably to 32K units, dropping by -43.2% against 2021. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 561% against the previous year. As a result, imports reached the peak of 56K units, and then declined sharply in the following year.
In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type reduced notably to $22M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of $46M, and then declined notably in the following year.
Import of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.6 | 10.6 | 34.3 | 13.2 | 20.2% |
Japan | 2.5 | 5.2 | 1.8 | 2.2 | -4.2% |
Spain | N/A | N/A | N/A | 1.4 | 0% |
Others | 12.3 | 10.6 | 10.4 | 5.0 | -25.9% |
Total | 22.4 | 26.5 | 46.5 | 21.9 | -0.7% |
Top Suppliers of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type to the Philippines in 2022:
- China (10.4K units)
- Spain (0.4K units)
- Japan (0.2K units)
Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines
After two years of decline, overseas shipments of elevators and conveyors other than pneumatic, belt- or bucket-type increased by 68% to 47 units in 2022. Over the period under review, exports, however, continue to indicate a dramatic shrinkage. Over the period under review, the exports of reached the peak figure at 156 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type soared to $322K in 2022. Overall, exports, however, faced a sharp reduction. The exports peaked at $896K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | N/A | N/A | N/A | 165 | 0% |
China | 66.5 | N/A | 122 | 135 | 26.6% |
Cambodia | N/A | N/A | 5.7 | 19.6 | 243.9% |
Japan | N/A | 0.6 | 3.3 | 2.7 | 112.1% |
South Korea | 1.4 | 34.5 | N/A | N/A | 2364.3% |
Thailand | 35.8 | N/A | 35.5 | N/A | -0.4% |
Bangladesh | 778 | 278 | N/A | N/A | -64.3% |
Others | 13.5 | 5.0 | 7.0 | N/A | -28.0% |
Total | 896 | 318 | 173 | 322 | -28.9% |
Top Export Markets for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type from the Philippines in 2022:
- Indonesia (12.0 units)
- China (11.0 units)
- Cambodia (4.0 units)
- Japan (1.0 units)
This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type 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 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
- Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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