Report Update: May 1, 2024

Philippines - Vacuum Cleaners Without Motor - Market Analysis, Forecast, Size, Trends and Insights

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Price for Vacuum Cleaner Without Motor in the Philippines - 2023

Price for Vacuum Cleaner Without Motor in the Philippines (CIF) - 2022

The average vacuum cleaner without motor import price stood at $15 per unit in 2022, dropping by -1.6% against the previous year. In general, the import price saw a precipitous curtailment. The pace of growth appeared the most rapid in 2019 an increase of 188%. Over the period under review, average import prices attained the maximum at $296 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,716 per unit), while the price for Hong Kong SAR ($17 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vacuum Cleaner Without Motor in the Philippines (FOB) - 2022

The average vacuum cleaner without motor export price stood at $67 per unit in 2022, shrinking by -55.3% against the previous year. Over the period under review, the export price showed a significant contraction. The growth pace was the most rapid in 2020 an increase of 122%. The export price peaked at $400 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2017 to 2022, the rate of growth in terms of prices for Poland amounted to +41.2% per year.

Imports of Vacuum Cleaner Without Motor in the Philippines

For the fourth consecutive year, the Philippines recorded growth in supplies from abroad of vacuum cleaners without motor, which increased by 53% to 111K units in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 199% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, vacuum cleaner without motor imports soared to $1.7M in 2022. In general, imports, however, continue to indicate a dramatic curtailment. Imports peaked at $3.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Vacuum Cleaner Without Motor in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	169	1.7	1.7	638	55.7%
China	51.2	125	190	560	122.0%
Germany	N/A	N/A	N/A	130	0%
Italy	331	3.5	150	97.0	-33.6%
Malaysia	144	50.9	65.1	50.0	-29.7%
Singapore	1,060	276	173	45.1	-65.1%
United States	732	129	183	17.8	-71.0%
Vietnam	71.6	19.8	19.8	10.6	-47.1%
Hong Kong SAR	N/A	N/A	N/A	6.1	0%
Taiwan (Chinese)	104	23.9	43.2	2.5	-71.1%
Others	695	179	278	104	-46.9%
Total	3,358	809	1,104	1,661	-20.9%

Top Suppliers of Vacuum Cleaner Without Motor to the Philippines in 2022:

Taiwan (Chinese) (undefinedK units)
United States (undefinedK units)
Vietnam (undefinedK units)
Japan (1.4K units)
China (1.3K units)
Singapore (0.5K units)
Hong Kong SAR (0.4K units)
Italy (0.2K units)
Malaysia (0.1K units)
Germany (0.1K units)

Exports of Vacuum Cleaner Without Motor in the Philippines

In 2022, the amount of vacuum cleaners without motor exported from the Philippines skyrocketed to 9.4K units, increasing by 806% on 2021. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vacuum cleaner without motor exports soared to $628K in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vacuum Cleaner Without Motor in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	N/A	N/A	N/A	603	0%
Indonesia	14.5	0.2	24.3	N/A	29.5%
Poland	36.5	43.5	N/A	N/A	19.2%
Others	1.8	3.0	131	25.1	140.7%
Total	52.7	46.7	155	628	128.4%

Top Export Markets for Vacuum Cleaner Without Motor from the Philippines in 2022:

Japan (9.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for vacuum cleaner without motor 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 27512410 - Vacuum cleaners, including dry cleaners and wet vacuum cleaners (excluding with self-contained electric motor)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023