Report Update: May 1, 2024

Philippines - Multiple-Walled Insulating Units Of Glass - Market Analysis, Forecast, Size, Trends And Insights

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Price for Multiple-Walled Insulating Glass Unit in the Philippines - 2023

Price for Multiple-Walled Insulating Glass Unit in the Philippines (CIF) - 2023

The average multiple-walled insulating glass unit import price stood at $19.5 per square meter in May 2023, with a decrease of -3% against the previous month. Overall, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 50% month-to-month. Over the period under review, average import prices hit record highs at $39.0 per square meter in July 2022; however, from August 2022 to May 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was China ($19.5 per square meter), while the price for Malaysia stood at $13.7 per square meter.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-1.4%).

Price for Multiple-Walled Insulating Glass Unit in the Philippines (FOB) - 2022

In 2022, the average multiple-walled insulating glass unit export price amounted to $108 per square meter, growing by 57% against the previous year. In general, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 824%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($109 per square meter), while the average price for exports to the United States amounted to $55 per square meter.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+9.1%).

Imports of Multiple-Walled Insulating Glass Unit in the Philippines

In 2022, approx. 947K square meters of multiple-walled insulating units of glass were imported into the Philippines; dropping by -25.1% on the previous year. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 109%. Imports peaked at 1.3M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, multiple-walled insulating glass unit imports soared to $26M in 2022. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Imports peaked at $35M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Multiple-Walled Insulating Glass Unit in the Philippines (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	32.3	13.8	18.7	25.2	-7.9%
Malaysia	0.3	0.1	0.2	0.6	26.0%
India	N/A	N/A	0.6	0.4	-33.3%
Singapore	2.0	0.1	N/A	N/A	-95.0%
Others	0.2	0.3	0.2	0.2	0.0%
Total	34.7	14.3	19.6	26.5	-8.6%

Top Suppliers of Multiple-Walled Insulating Glass Unit to the Philippines in 2022:

China (865.2K square meters)
Malaysia (44.6K square meters)
India (29.3K square meters)
Singapore (0.1K square meters)

Exports of Multiple-Walled Insulating Glass Unit in the Philippines

In 2022, approx. 2.8K square meters of multiple-walled insulating units of glass were exported from the Philippines; shrinking by -56.9% against 2021. Overall, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2021 when exports increased by 25%. As a result, the exports attained the peak of 6.5K square meters, and then declined sharply in the following year.

In value terms, multiple-walled insulating glass unit exports shrank dramatically to $303K in 2022. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 3.9%. As a result, the exports attained the peak of $511K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Multiple-Walled Insulating Glass Unit in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	492	510	445	300	-15.2%
United States	N/A	N/A	1.5	3.0	100.0%
Others	N/A	1.1	0.8	N/A	-27.3%
Total	492	511	448	303	-14.9%

Top Export Markets for Multiple-Walled Insulating Glass Unit from the Philippines in 2022:

Japan (2.7K square meters)
United States (0.1K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for multiple-walled insulating glass unit 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 23121330 - Multiple-walled insulating units of glass

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023