Philippines - Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fully or Partly Automatic Arc Welding Machine in the Philippines - 2023
Contents:
- Price for Fully or Partly Automatic Arc Welding Machine in the Philippines (CIF) - 2022
- Price for Fully or Partly Automatic Arc Welding Machine in the Philippines (FOB) - 2022
- Imports of Fully or Partly Automatic Arc Welding Machine in the Philippines
- Exports of Fully or Partly Automatic Arc Welding Machine in the Philippines
Price for Fully or Partly Automatic Arc Welding Machine in the Philippines (CIF) - 2022
In 2022, the average import price for fully or partly automatic electric machines for arc welding of metals amounted to $316 per unit, surging by 273% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $1,559 per unit in 2015; however, from 2016 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 Japan ($717 per unit), while the price for China ($177 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Fully or Partly Automatic Arc Welding Machine in the Philippines (FOB) - 2022
The average export price for fully or partly automatic electric machines for arc welding of metals stood at $11,044 per unit in 2022, approximately reflecting the previous year. Over the period under review, the export price showed a significant expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 82%. Over the period under review, the average export prices hit record highs at $217,975 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -73.6% per year.
Imports of Fully or Partly Automatic Arc Welding Machine in the Philippines
In 2022, after three years of growth, there was significant decline in overseas purchases of fully or partly automatic electric machines for arc welding of metals, when their volume decreased by -84.4% to 5.4K units. Over the period under review, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 173%. As a result, imports attained the peak of 35K units, and then shrank notably in the following year.
In value terms, imports of fully or partly automatic electric machines for arc welding of metals dropped significantly to $1.7M in 2022. In general, imports continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 13%. Imports peaked at $8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Fully or Partly Automatic Arc Welding Machine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,934 | 591 | 1,675 | 835 | -34.2% |
| Japan | 1,051 | 649 | 451 | 326 | -32.3% |
| Thailand | 567 | 474 | 192 | 172 | -32.8% |
| Poland | N/A | 6.1 | N/A | 46.6 | 176.4% |
| Taiwan (Chinese) | 643 | 23.8 | 53.0 | 44.4 | -59.0% |
| Singapore | 801 | 52.2 | 2.6 | 41.2 | -62.8% |
| Germany | 1,182 | 37.8 | 62.4 | 21.0 | -73.9% |
| Others | 780 | 766 | 494 | 221 | -34.3% |
| Total | 7,958 | 2,600 | 2,930 | 1,706 | -40.2% |
Top Suppliers of Fully or Partly Automatic Arc Welding Machine to the Philippines in 2022:
- China (4722.0 units)
- Japan (455.0 units)
- Thailand (410.0 units)
- Taiwan (Chinese) (123.0 units)
- Poland (113.0 units)
- Singapore (45.0 units)
- Germany (13.0 units)
Exports of Fully or Partly Automatic Arc Welding Machine in the Philippines
In 2022, overseas shipments of fully or partly automatic electric machines for arc welding of metals decreased by 0% to 7 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fully or partly automatic electric machines for arc welding of metals totaled $77K in 2022. Over the period under review, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Fully or Partly Automatic Arc Welding Machine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 5.7 | 0% |
| Others | 10.6 | N/A | N/A | 71.6 | 89.0% |
| Total | 10.6 | N/A | N/A | 77.3 | 93.9% |
Top Export Markets for Fully or Partly Automatic Arc Welding Machine from the Philippines in 2022:
- Japan (620.0 units)
This report provides an in-depth analysis of the market for fully or partly automatic arc welding machine 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 27903154 - Fully or partly automatic electric machines for arc welding of metals (including plasma arc)
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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