Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in the Philippines - 2023

Contents:

1. Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in the Philippines (CIF) - 2022
2. Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in the Philippines (FOB) - 2022
3. Imports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in the Philippines
4. Exports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in the Philippines

Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in the Philippines (CIF) - 2022

In 2022, the average import price for trade, exhibition, library, personnel and other specialized trailers and semi-trailers amounted to $6,828 per unit, surging by 5.6% against the previous year. Overall, the import price showed tangible growth. The most prominent rate of growth was recorded in 2021 an increase of 125% against the previous year. Over the period under review, average import prices hit record highs at $8,624 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($45,581 per unit), while the price for Spain ($932 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in the Philippines (FOB) - 2022

In 2022, the average export price for trade, exhibition, library, personnel and other specialized trailers and semi-trailers amounted to $15,690 per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 24,787% against the previous year. As a result, the export price reached the peak level of $26,867 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($22,310 per unit), while the average price for exports to Hong Kong SAR amounted to $9,069 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+119.0%).

Imports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in the Philippines

For the third year in a row, the Philippines recorded decline in supplies from abroad of trade, exhibition, library, personnel and other specialized trailers and semi-trailers, which decreased by -28.5% to 792 units in 2022. Over the period under review, imports showed a significant decrease. The smallest decline of -19.5% was in 2020. Imports peaked at 2.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers contracted rapidly to $5.4M in 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports of hit record highs at $9.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer to the Philippines in 2022:

1. China (730.0 units)
2. Japan (192.0 units)
3. South Korea (141.0 units)
4. Spain (131.0 units)
5. Germany (22.0 units)
6. United States (14.0 units)
7. Hong Kong SAR (12.0 units)
8. Singapore (4.0 units)

Exports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in the Philippines

In 2022, after two years of decline, there was decline in overseas shipments of trade, exhibition, library, personnel and other specialized trailers and semi-trailers, when their volume decreased by 0% to 2 units. In general, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers totaled $31K in 2022. Overall, exports enjoyed a prominent increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer from the Philippines in 2022:

1. Netherlands (1.0 units)
2. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform