Philippines - Base Metal Automatic Door Closers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Automatic Door Closer in the Philippines - 2023
Contents:
- Price for Metal Automatic Door Closer in the Philippines (CIF) - 2022
- Price for Metal Automatic Door Closer in the Philippines (FOB) - 2022
- Imports of Metal Automatic Door Closer in the Philippines
- Exports of Metal Automatic Door Closer in the Philippines
Price for Metal Automatic Door Closer in the Philippines (CIF) - 2022
The average metal automatic door closer import price stood at $4,876 per ton in 2022, approximately equating the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal automatic door closer import price increased by +24.1% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $4,950 per ton, and then declined slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($22,841 per ton), while the price for Thailand ($935 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Automatic Door Closer in the Philippines (FOB) - 2022
In 2022, the average metal automatic door closer export price amounted to $2,002 per ton, reducing by -24.2% against the previous year. Overall, the export price saw a perceptible downturn. The pace of growth was the most pronounced in 2015 an increase of 156% against the previous year. As a result, the export price reached the peak level of $6,429 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
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 -4.1% per year.
Imports of Metal Automatic Door Closer in the Philippines
In 2022, purchases abroad of base metal automatic door closers was finally on the rise to reach 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible descent.
In value terms, metal automatic door closer imports surged to $7M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Metal Automatic Door Closer in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,171 | 2,335 | 2,170 | 2,687 | 7.4% |
| China | 1,245 | 960 | 1,009 | 1,296 | 1.3% |
| Singapore | 529 | 231 | 696 | 847 | 17.0% |
| Taiwan (Chinese) | 1,000 | 606 | 488 | 846 | -5.4% |
| South Korea | 331 | 136 | 290 | 353 | 2.2% |
| Hong Kong SAR | 223 | 46.5 | 91.1 | 146 | -13.2% |
| Thailand | 20.3 | 2.7 | 18.5 | 22.6 | 3.6% |
| Others | 824 | 417 | 628 | 825 | 0.0% |
| Total | 6,343 | 4,735 | 5,391 | 7,023 | 3.5% |
Top Suppliers of Metal Automatic Door Closer to the Philippines in 2022:
- China (733.0 tons)
- Taiwan (Chinese) (253.4 tons)
- Japan (206.2 tons)
- South Korea (98.4 tons)
- Hong Kong SAR (50.9 tons)
- Singapore (37.1 tons)
- Thailand (24.1 tons)
Exports of Metal Automatic Door Closer in the Philippines
In 2022, shipments abroad of base metal automatic door closers decreased by -23.3% to 74 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 28%. As a result, the exports attained the peak of 129 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal automatic door closer exports shrank rapidly to $148K in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 24%. As a result, the exports attained the peak of $474K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Metal Automatic Door Closer in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 373 | 469 | 251 | 147 | -26.7% |
| Others | 9.1 | 5.1 | 2.9 | 1.2 | -49.1% |
| Total | 382 | 474 | 254 | 148 | -27.1% |
Top Export Markets for Metal Automatic Door Closer from the Philippines in 2022:
- Japan (72.8 tons)
This report provides an in-depth analysis of the market for metal automatic door closer 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 25721470 - Base metal automatic door closers
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
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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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