Philippines - Turbo, Rotary and Reciporating Displacement Compressors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Turbo, Rotary and Reciporating Displacement Compressor in the Philippines - 2023
Contents:
- Price for Turbo, Rotary and Reciporating Displacement Compressor in the Philippines (CIF) - 2022
- Price for Turbo, Rotary and Reciporating Displacement Compressor in the Philippines (FOB) - 2023
- Imports of Turbo, Rotary and Reciporating Displacement Compressor in the Philippines
- Exports of Turbo, Rotary and Reciporating Displacement Compressor in the Philippines
Price for Turbo, Rotary and Reciporating Displacement Compressor in the Philippines (CIF) - 2022
In 2022, the average import price for turbo, rotary and reciporating displacement compressors amounted to $72 per unit, with an increase of 4.1% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. As a result, import price attained the peak level of $237 per unit. From 2015 to 2022, the average import prices remained at a 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 Indonesia ($569 per unit), while the price for China ($34 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbo, Rotary and Reciporating Displacement Compressor in the Philippines (FOB) - 2023
The average export price for turbo, rotary and reciporating displacement compressors stood at $34.6 per unit in September 2023, shrinking by -53.7% against the previous month. Overall, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 94% month-to-month. The export price peaked at $97.0 per unit in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($75.5 per unit), while the average price for exports to Japan ($29.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.6%), while the prices for the other major destinations experienced a decline.
Imports of Turbo, Rotary and Reciporating Displacement Compressor in the Philippines
In 2022, supplies from abroad of turbo, rotary and reciporating displacement compressors was finally on the rise to reach 490K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a sharp descent. Imports peaked at 1.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of turbo, rotary and reciporating displacement compressors skyrocketed to $35M in 2022. Over the period under review, imports, however, faced a sharp decline. Over the period under review, imports of reached the peak figure at $87M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Turbo, Rotary and Reciporating Displacement Compressor in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.4 | 18.2 | 10.0 | 12.0 | -13.3% |
| Japan | 44.1 | 8.3 | 3.5 | 7.1 | -45.6% |
| Indonesia | 4.6 | 3.0 | 4.3 | 4.3 | -2.2% |
| Thailand | 1.0 | 0.2 | 0.7 | 1.2 | 6.3% |
| Malaysia | 2.1 | 1.2 | 0.7 | 1.0 | -21.9% |
| Taiwan (Chinese) | 1.1 | 2.8 | 0.3 | 0.7 | -14.0% |
| Others | 16.1 | 15.0 | 6.3 | 9.0 | -17.6% |
| Total | 87.4 | 48.7 | 25.9 | 35.2 | -26.2% |
Top Suppliers of Turbo, Rotary and Reciporating Displacement Compressor to the Philippines in 2022:
- China (354.0K units)
- Japan (63.1K units)
- Taiwan (Chinese) (15.0K units)
- Malaysia (8.9K units)
- Thailand (8.6K units)
- Indonesia (7.5K units)
Exports of Turbo, Rotary and Reciporating Displacement Compressor in the Philippines
In 2022, exports of turbo, rotary and reciporating displacement compressors from the Philippines shrank to 291K units, with a decrease of -8.5% against 2021 figures. Overall, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 6.6%. Over the period under review, the exports of reached the maximum at 334K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of turbo, rotary and reciporating displacement compressors dropped to $15M in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 8.3% against the previous year. Over the period under review, the exports of attained the maximum at $19M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Turbo, Rotary and Reciporating Displacement Compressor in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 5.6 | 5.5 | 7.4 | 16.3% |
| Japan | 5.9 | 4.4 | 3.6 | 3.2 | -18.4% |
| Netherlands | 2.8 | 2.2 | 3.4 | 2.2 | -7.7% |
| Russia | 0.7 | 0.8 | 1.1 | 1.1 | 16.3% |
| Canada | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| Australia | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| South Korea | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| China | 1.0 | 0.2 | 0.4 | 0.1 | -53.6% |
| Taiwan (Chinese) | 0.6 | 0.4 | N/A | N/A | -33.3% |
| Others | 2.6 | 0.8 | 1.3 | 0.6 | -38.7% |
| Total | 19.3 | 14.9 | 16.2 | 15.5 | -7.0% |
Top Export Markets for Turbo, Rotary and Reciporating Displacement Compressor from the Philippines in 2022:
- Japan (121.4K units)
- United States (106.1K units)
- Netherlands (27.9K units)
- Russia (13.4K units)
- Canada (5.5K units)
- South Korea (5.4K units)
- Australia (4.9K units)
- China (1.7K units)
This report provides an in-depth analysis of the market for turbo, rotary and reciporating displacement compressor 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 28132530 - Turbo-compressors, single stage
- Prodcom 28132550 - Turbo-compressors, multistage
- Prodcom 28132630 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow . .60 m./hour
- Prodcom 28132650 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow per hour > .60 m.
- Prodcom 28132670 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour . .120 m.
- Prodcom 28132690 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour > .120 m.
- Prodcom 28132730 - Rotary displacement compressors, single-shaft
- Prodcom 28132753 - Multi-shaft screw compressors
- Prodcom 28132755 - Multi-shaft compressors (excluding screw compressors)
- Prodcom 28132800 - Air/gas compressors excluding air/vacuum pumps used in refrigeration, air compressors mounted on wheeled chassis, t urbo compressors, reciprocating and rotary displacement compressors
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
- 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
-
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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