Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines - 2023

Contents:

  1. Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines (CIF) - 2022
  2. Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines (FOB) - 2022
  3. Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines
  4. Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines

Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines (CIF) - 2022

In 2022, the average import price for postage-franking machines, ticket-issuing machines which print ticketses amounted to $14 per unit, reducing by -7.5% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 80% against the previous year. As a result, import price attained the peak level of $197 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($140 per unit), while the price for China ($4.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-5.6%), while the prices for the other major suppliers experienced a decline.

Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines (FOB) - 2022

The average export price for postage-franking machines, ticket-issuing machines which print ticketses stood at $1,438 per unit in 2022, with an increase of 1,116% against the previous year. In general, the export price recorded a modest expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 4,330% against the previous year. As a result, the export price attained the peak level of $9,259 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,485 per unit), while the average price for exports to Hong Kong SAR stood at $433 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.8%), while the prices for the other major destinations experienced a decline.

Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines

In 2022, imports of postage-franking machines, ticket-issuing machines which print ticketses into the Philippines reduced rapidly to 15K units, falling by -74% on the year before. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 530%. As a result, imports reached the peak of 59K units, and then shrank sharply in the following year.

In value terms, imports of postage-franking machines, ticket-issuing machines which print ticketses reduced dramatically to $211K in 2022. Over the period under review, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 159%. Over the period under review, imports of hit record highs at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40859.739959.1-47.5%
Hong Kong SAR84.963.140851.6-15.3%
Taiwan (Chinese)7.1N/A2.344.984.9%
Japan31571.21.121.5-59.1%
PanamaN/AN/AN/A18.40%
Singapore18.325.117.90.4-72.0%
Others24011948.714.8-60.5%
Total1,073338877211-41.8%

Top Suppliers of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets to the Philippines in 2022:

  1. China (13.5K units)
  2. Taiwan (Chinese) (0.5K units)
  3. Japan (0.4K units)
  4. Hong Kong SAR (0.4K units)
  5. Panama (0.3K units)

Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines

Exports of postage-franking machines, ticket-issuing machines which print ticketses from the Philippines dropped sharply to 67 units in 2022, falling by -86% against 2021 figures. Overall, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 47,900% against the previous year. The exports peaked at 56K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of postage-franking machines, ticket-issuing machines which print ticketses soared to $96K in 2022. In general, exports showed a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 37,727%. The exports peaked at $1.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan163N/A2.095.0-16.5%
Hong Kong SARN/AN/A53.71.3-97.6%
Croatia178N/AN/AN/A0%
United States1,029N/AN/AN/A0%
Others53.70.11.0N/A-86.4%
Total1,4230.156.796.3-59.2%

Top Export Markets for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets from the Philippines in 2022:

  1. Japan (64.0 units)
  2. Hong Kong SAR (3.0 units)

Source: IndexBox Market Intelligence Platform

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