Philippines - Turbo-Propellers Of A Power Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Turbo-Propeller (over 1100 kW) in the Philippines - 2023
Contents:
- Price for Turbo-Propeller (over 1100 kW) in the Philippines (FOB) - 2022
- Price for Turbo-Propeller (over 1100 kW) in the Philippines (CIF) - 2022
- Exports of Turbo-Propeller (over 1100 kW) in the Philippines
- Imports of Turbo-Propeller (over 1100 kW) in the Philippines
Price for Turbo-Propeller (over 1100 kW) in the Philippines (FOB) - 2022
In 2022, the average turbo-propeller (over 1100 kW) export price amounted to $37,402 per unit, declining by -51.2% against the previous year. In general, the export price, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2019 an increase of 391% against the previous year. The export price peaked at $79,174 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2017 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +68.5% per year.
Price for Turbo-Propeller (over 1100 kW) in the Philippines (CIF) - 2022
The average turbo-propeller (over 1100 kW) import price stood at $33,626 per unit in 2022, growing by 205,771% against the previous year. In general, the import price recorded resilient growth. Over the period under review, average import prices hit record highs at $150,124 per unit in 2015; however, from 2016 to 2022, 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 Canada ($43,612 per unit), while the price for Singapore totaled $26,542 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+65.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Turbo-Propeller (over 1100 kW) in the Philippines
After three years of growth, shipments abroad of turbo-propellers of a power exceeding 1,100 kW decreased by -50% to 2 units in 2022. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 4 units, and then declined rapidly in the following year.
In value terms, turbo-propeller (over 1100 kW) exports shrank remarkably to $75K in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 220%. Over the period under review, the exports hit record highs at $306K in 2021, and then fell rapidly in the following year.
| Export of Turbo-Propeller (over 1100 kW) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 39.0 | 51.8 | 233 | 74.8 | 24.2% |
| South Korea | N/A | 173 | N/A | N/A | 0% |
| United States | 5.6 | N/A | 15.4 | N/A | 65.8% |
| Singapore | 29.6 | 12.9 | 57.6 | N/A | 39.5% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 74.3 | 238 | 306 | 74.8 | 0.2% |
Top Export Markets for Turbo-Propeller (over 1100 kW) from the Philippines in 2022:
- United Arab Emirates (1.0 units)
Imports of Turbo-Propeller (over 1100 kW) in the Philippines
Turbo-propeller (over 1100 kW) imports into the Philippines skyrocketed to 163 units in 2022, increasing by 2,617% compared with 2021. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, turbo-propeller (over 1100 kW) imports soared to $5.5M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Turbo-Propeller (over 1100 kW) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 120 | N/A | N/A | 3,009 | 192.7% |
| Singapore | 4.4 | N/A | N/A | 2,468 | 724.7% |
| Germany | 219 | N/A | N/A | N/A | 0% |
| Others | 1,336 | N/A | N/A | 3.4 | -86.3% |
| Total | 1,680 | N/A | 0.1 | 5,481 | 48.3% |
Top Suppliers of Turbo-Propeller (over 1100 kW) to the Philippines in 2022:
- Singapore (93.0 units)
- Canada (69.0 units)
This report provides an in-depth analysis of the market for turbo-propeller (over 1100 kw) 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 30301200 - Turbo-jets and turbo-propellers, for civil use
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
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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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