Philippines - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Geometrical Quantities Electronic Measurer in the Philippines - 2023
Contents:
- Price for Geometrical Quantities Electronic Measurer in the Philippines (CIF) - 2022
- Price for Geometrical Quantities Electronic Measurer in the Philippines (FOB) - 2022
- Imports of Geometrical Quantities Electronic Measurer in the Philippines
- Exports of Geometrical Quantities Electronic Measurer in the Philippines
Price for Geometrical Quantities Electronic Measurer in the Philippines (CIF) - 2022
The average geometrical quantities electronic measurer import price stood at $58 per unit in 2022, jumping by 17% against the previous year. In general, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 64%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($107 per unit), while the price for Thailand ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Geometrical Quantities Electronic Measurer in the Philippines (FOB) - 2022
In 2022, the average geometrical quantities electronic measurer export price amounted to $68 per unit, shrinking by -20.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 83%. The export price peaked at $115 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($117 per unit), while the average price for exports to Thailand ($36 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 Israel (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Geometrical Quantities Electronic Measurer in the Philippines
In 2022, approx. 3M units of electronic instruments and machines for measuring geometrical quantities were imported into the Philippines; with an increase of 21% on 2021. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, geometrical quantities electronic measurer imports skyrocketed to $174M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Geometrical Quantities Electronic Measurer in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 19.4 | 36.8 | 36.9 | 42.0 | 29.4% |
| China | 13.1 | 15.4 | 12.8 | 34.9 | 38.6% |
| Italy | 2.0 | 3.4 | 4.5 | 17.0 | 104.1% |
| Malaysia | 15.5 | 4.8 | 12.5 | 12.9 | -5.9% |
| Thailand | 1.0 | 0.8 | 7.5 | 11.9 | 128.3% |
| South Korea | 4.3 | 6.4 | 7.5 | 11.2 | 37.6% |
| Singapore | 10.1 | 7.0 | 7.6 | 11.1 | 3.2% |
| United States | 10.5 | 7.5 | 5.3 | 7.7 | -9.8% |
| Germany | 5.9 | 5.1 | 4.0 | 4.3 | -10.0% |
| Hong Kong SAR | 3.7 | 5.9 | 5.4 | 2.7 | -10.0% |
| Taiwan (Chinese) | 3.6 | 1.1 | 2.1 | 1.2 | -30.7% |
| Vietnam | 1.1 | 0.9 | 0.8 | 0.7 | -14.0% |
| Others | 12.1 | 12.9 | 16.7 | 16.6 | 11.1% |
| Total | 102 | 108 | 124 | 174 | 19.5% |
Top Suppliers of Geometrical Quantities Electronic Measurer to the Philippines in 2022:
- Japan (552.7K units)
- China (535.2K units)
- Thailand (523.3K units)
- Malaysia (418.0K units)
- Italy (219.5K units)
- South Korea (204.6K units)
- Singapore (104.2K units)
- United States (91.3K units)
- Germany (78.7K units)
- Hong Kong SAR (49.1K units)
- Vietnam (34.4K units)
- Taiwan (Chinese) (16.5K units)
Exports of Geometrical Quantities Electronic Measurer in the Philippines
Geometrical quantities electronic measurer exports from the Philippines skyrocketed to 1.7M units in 2022, rising by 29% compared with the previous year. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 118% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, geometrical quantities electronic measurer exports rose slightly to $115M in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 124% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Geometrical Quantities Electronic Measurer in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.8 | 18.6 | 35.9 | 39.7 | 65.2% |
| Japan | 4.5 | 16.9 | 23.0 | 21.5 | 68.4% |
| United States | 6.4 | 14.8 | 15.7 | 18.1 | 41.4% |
| Germany | 1.0 | 6.2 | 11.7 | 8.8 | 106.5% |
| Israel | 3.4 | 7.4 | 5.3 | 5.4 | 16.7% |
| Canada | 0.8 | 2.5 | 2.6 | 3.5 | 63.6% |
| India | 0.9 | 1.4 | 2.0 | 2.4 | 38.7% |
| Thailand | 1.0 | 1.3 | 1.9 | 2.3 | 32.0% |
| Romania | N/A | 1.5 | 2.3 | 2.2 | 21.1% |
| Hong Kong SAR | 0.3 | N/A | N/A | 2.1 | 91.3% |
| Vietnam | 1.3 | 0.1 | 0.1 | 1.3 | 0.0% |
| Malaysia | 0.3 | 0.5 | 0.8 | 1.2 | 58.7% |
| Hungary | 2.3 | 2.7 | 4.6 | 1.0 | -24.2% |
| Others | 4.2 | 5.1 | 5.7 | 5.3 | 8.1% |
| Total | 35.2 | 79.0 | 112 | 115 | 48.4% |
Top Export Markets for Geometrical Quantities Electronic Measurer from the Philippines in 2022:
- Japan (563.1K units)
- China (352.3K units)
- United States (157.4K units)
- Canada (95.5K units)
- Germany (75.9K units)
- Thailand (64.1K units)
- India (61.0K units)
- Romania (58.9K units)
- Israel (51.9K units)
- Hong Kong SAR (44.5K units)
- Vietnam (33.8K units)
- Malaysia (33.2K units)
- Hungary (10.7K units)
This report provides an in-depth analysis of the market for geometrical quantities electronic measurer 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 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))
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
-
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
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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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