Rangefinders Price in the Philippines - 2023
Contents:
- Rangefinders Price in the Philippines (FOB) - 2022
- Rangefinders Price in the Philippines (CIF) - 2022
- Rangefinders Exports in the Philippines
- Rangefinders Imports in the Philippines
Rangefinders Price in the Philippines (FOB) - 2022
In 2022, the average rangefinders export price amounted to $79 per unit, approximately mirroring the previous year. Over the period under review, the export price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of 8.3%. As a result, the export price reached the peak level of $79 per unit, leveling off in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($206 per unit), while the average price for exports to the United States ($61 per unit) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.
Rangefinders Price in the Philippines (CIF) - 2022
The average rangefinders import price stood at $30 per unit in 2022, shrinking by -49.9% against the previous year. Overall, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 60% against the previous year. The import price peaked at $60 per unit in 2021, and then dropped notably in the following year.
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 South Korea ($243 per unit), while the price for Singapore ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+35.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Rangefinders Exports in the Philippines
In 2022, rangefinders exports from the Philippines fell significantly to 202K units, reducing by -50.7% on the previous year. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. The exports peaked at 560K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, rangefinders exports declined sharply to $16M in 2022. Over the period under review, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, the exports reached the peak figure at $40M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Rangefinders in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.3 | 4.8 | 2.6 | 8.2 | 35.4% |
| United States | 21.8 | 12.3 | 24.1 | 7.7 | -29.3% |
| South Korea | 2.8 | 1.2 | 1.2 | N/A | -34.5% |
| China | 1.6 | 1.9 | 1.2 | N/A | -13.4% |
| United Kingdom | 3.4 | 0.8 | 0.7 | N/A | -54.6% |
| Canada | 1.4 | 0.7 | 0.7 | N/A | -29.3% |
| Others | 5.9 | 2.2 | 1.8 | N/A | -44.8% |
| Total | 40.3 | 23.9 | 32.3 | 15.9 | -26.7% |
Top Export Markets for Rangefinders from the Philippines in 2022:
- South Korea (undefinedK units)
- China (undefinedK units)
- United States (125.9K units)
- Japan (74.1K units)
Rangefinders Imports in the Philippines
In 2022, imports of rangefinderses into the Philippines surged to 32K units, increasing by 168% on 2021 figures. In general, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, rangefinders imports skyrocketed to $957K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Rangefinders in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 146 | 76.8 | 153 | 292 | 26.0% |
| Germany | 53.4 | 11.6 | 16.6 | 282 | 74.1% |
| Malaysia | 56.6 | 60.9 | 199 | 192 | 50.3% |
| Singapore | 29.7 | 65.8 | 10.6 | 70.1 | 33.1% |
| Switzerland | 228 | 72.6 | 75.6 | N/A | -42.4% |
| Others | 179 | 216 | 260 | 121 | -12.2% |
| Total | 692 | 504 | 714 | 957 | 11.4% |
Top Suppliers of Rangefinders to the Philippines in 2022:
- Germany (16.0K units)
- China (8.2K units)
- Singapore (4.7K units)
- Malaysia (2.3K units)
238
This report provides an in-depth analysis of the electronic rangefinder market in the Philippines.
289
This report provides an in-depth analysis of the scientific non-electronic surveyer market in the Philippines.
260
This report provides an in-depth analysis of the geographical electronic instrument market in the Philippines.
415
This report provides an in-depth analysis of the levels market in the Philippines.
364
Global Electronic Rangefinder Market Report 2018. This report provides an in-depth analysis of the global electronic rangefinder market.
296
Global Scientific Non-Electronic Surveyer Market Report 2018. This report provides an in-depth analysis of the global scientific non-electronic surveyer market.
386
Global Geographical Electronic Instrument Market Report 2018. This report provides an in-depth analysis of the global geographical electronic instrument market.
525
This report provides an in-depth analysis of the global levels market.
238
This report provides an in-depth analysis of the electronic rangefinder market in the Philippines.
289
This report provides an in-depth analysis of the scientific non-electronic surveyer market in the Philippines.
Nothing found. Please try again.
