Philippines - Non-Domestic Heat Exchange Units - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Domestic Heat Exchange Unit in the Philippines - 2023
Contents:
- Price for Non-Domestic Heat Exchange Unit in the Philippines (CIF) - 2022
- Price for Non-Domestic Heat Exchange Unit in the Philippines (FOB) - 2022
- Imports of Non-Domestic Heat Exchange Unit in the Philippines
- Exports of Non-Domestic Heat Exchange Unit in the Philippines
Price for Non-Domestic Heat Exchange Unit in the Philippines (CIF) - 2022
The average non-domestic heat exchange unit import price stood at $427 per unit in 2022, with an increase of 4.8% against the previous year. In general, the import price posted a prominent increase. The growth pace was the most rapid in 2018 when the average import price increased by 62%. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($427 per unit) and the United States ($427 per unit), while the price for Singapore ($427 per unit) and Taiwan (Chinese) ($427 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Domestic Heat Exchange Unit in the Philippines (FOB) - 2022
The average non-domestic heat exchange unit export price stood at $436 per unit in 2022, shrinking by -2.4% against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2018 an increase of 3,233%. The export price peaked at $446 per unit in 2021, and then declined modestly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($436 per unit) and Japan ($436 per unit), while the average price for exports to the United States ($435 per unit) and China ($436 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Domestic Heat Exchange Unit in the Philippines
After two years of decline, overseas purchases of non-domestic heat exchange units increased by 63% to 132K units in 2022. In general, imports, however, saw a pronounced setback. Over the period under review, imports attained the maximum at 150K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, non-domestic heat exchange unit imports soared to $56M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $57M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Non-Domestic Heat Exchange Unit in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 11.8 | 12.7 | 1.0 | 26.2 | 30.5% |
China | 19.2 | 16.5 | 17.3 | 10.7 | -17.7% |
India | 4.4 | 2.5 | 1.7 | 3.9 | -3.9% |
United States | 2.6 | 0.4 | 0.8 | 3.2 | 7.2% |
Japan | 4.1 | 2.2 | 3.5 | 2.8 | -11.9% |
Malaysia | 5.0 | 0.9 | 2.6 | 2.0 | -26.3% |
Italy | 0.4 | 0.2 | 0.4 | 1.3 | 48.1% |
Singapore | 4.1 | 2.1 | 0.7 | 0.7 | -44.5% |
Others | 5.0 | 6.8 | 4.9 | 5.3 | 2.0% |
Total | 56.6 | 44.2 | 32.9 | 56.3 | -0.2% |
Top Suppliers of Non-Domestic Heat Exchange Unit to the Philippines in 2022:
- South Korea (61.4K units)
- China (25.1K units)
- India (9.2K units)
- United States (7.4K units)
- Japan (6.7K units)
- Malaysia (4.7K units)
- Italy (3.2K units)
- Singapore (1.6K units)
Exports of Non-Domestic Heat Exchange Unit in the Philippines
For the fourth year in a row, the Philippines recorded growth in overseas shipments of non-domestic heat exchange units, which increased by 55% to 34K units in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-domestic heat exchange unit exports skyrocketed to $15M in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Non-Domestic Heat Exchange Unit in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4.5 | 5.2 | 6.4 | 7.0 | 15.9% |
China | 0.1 | 0.1 | 2.0 | 6.8 | 308.2% |
United States | 1.0 | 2.1 | 0.8 | 0.6 | -15.7% |
Netherlands | 0.9 | 0.9 | 0.4 | 0.3 | -30.7% |
Others | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
Total | 6.9 | 8.7 | 9.8 | 14.9 | 29.3% |
Top Export Markets for Non-Domestic Heat Exchange Unit from the Philippines in 2022:
- Japan (16.1K units)
- China (15.6K units)
- United States (1.4K units)
- Netherlands (0.7K units)
This report provides an in-depth analysis of the market for non-domestic heat exchange 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 28251130 - Heat exchange units
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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