Philippines - Grinding Or Polishing Machines For Working Stone, Ceramics And Concrete - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingStone Polishing Machine Price in the Philippines - 2023
Contents:
- Stone Polishing Machine Price in the Philippines (CIF) - 2022
- Stone Polishing Machine Price in the Philippines (FOB) - 2022
- Stone Polishing Machine Imports in the Philippines
- Stone Polishing Machine Exports in the Philippines
Stone Polishing Machine Price in the Philippines (CIF) - 2022
The average stone polishing machine import price stood at $913 per unit in 2022, dropping by -23.3% against the previous year. Over the period under review, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2016 an increase of 69%. As a result, import price attained the peak level of $2,681 per unit. From 2017 to 2022, the average import prices remained 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 Japan ($2,457 per unit), while the price for China ($431 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.4%), while the prices for the other major suppliers experienced a decline.
Stone Polishing Machine Price in the Philippines (FOB) - 2022
In 2022, the average stone polishing machine export price amounted to $751 per unit, falling by -85.7% against the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 132%. Over the period under review, the average export prices attained the maximum at $6,872 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,152 per unit), while the average price for exports to Malaysia amounted to $350 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-8.0%), while the prices for the other major destinations experienced a decline.
Stone Polishing Machine Imports in the Philippines
In 2022, approx. 4K units of grinding or polishing machines for working stone, ceramics and concrete were imported into the Philippines; jumping by 20% against the previous year's figure. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 134% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, stone polishing machine imports contracted to $3.7M in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, imports attained the peak of $4M, and then fell in the following year.
| Import of Stone Polishing Machine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,067 | 559 | 1,028 | 1,359 | 8.4% |
| Japan | 120 | 907 | 1,654 | 595 | 70.5% |
| South Korea | 43.2 | 1.5 | 84.0 | 418 | 113.1% |
| Denmark | 461 | 2.5 | 2.5 | N/A | -92.6% |
| Others | 1,628 | 569 | 1,205 | 1,285 | -7.6% |
| Total | 3,319 | 2,039 | 3,974 | 3,656 | 3.3% |
Top Suppliers of Stone Polishing Machine to the Philippines in 2022:
- China (3.2K units)
- South Korea (0.4K units)
- Japan (0.2K units)
Stone Polishing Machine Exports in the Philippines
After three years of growth, shipments abroad of grinding or polishing machines for working stone, ceramics and concrete decreased by -93.9% to 2 units in 2022. Overall, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 120%. As a result, the exports attained the peak of 33 units, and then fell markedly in the following year.
In value terms, stone polishing machine exports declined markedly to $1.5K in 2022. Over the period under review, exports faced a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 219% against the previous year. Over the period under review, the exports hit record highs at $174K in 2021, and then dropped remarkably in the following year.
| Export of Stone Polishing Machine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 30.0 | 93.1 | 142 | 1.2 | -65.8% |
| Malaysia | N/A | 0.2 | 0.4 | 0.3 | 22.5% |
| New Zealand | 0.1 | N/A | N/A | N/A | 0% |
| South Korea | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| China | 0.1 | 0.6 | 2.1 | N/A | 358.3% |
| United States | 1.9 | 9.0 | 29.2 | N/A | 292.0% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 32.3 | 103 | 174 | 1.5 | -64.1% |
Top Export Markets for Stone Polishing Machine from the Philippines in 2022:
- Japan (1.0 units)
- Malaysia (1.0 units)
This report provides an in-depth analysis of the stone polishing machine market 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 28491150 - Grinding or polishing machines for working stone, ceramics, c oncrete, asbestos-cement or like mineral materials or for cold working glass
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
-
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
-
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
-
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
-
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
-
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
319
This report provides an in-depth analysis of the stone polishing machine market in the Philippines.
332
This report provides an in-depth analysis of the market for machine tools for working stone in the Philippines.
305
This report provides an in-depth analysis of the stone sawing machine market in the Philippines.
472
This report provides an in-depth analysis of the global stone polishing machine market.
417
This report provides an in-depth analysis of the global market for machine tools for working stone.
347
This report provides an in-depth analysis of the global stone sawing machine market.
319
This report provides an in-depth analysis of the stone polishing machine market in the Philippines.
332
This report provides an in-depth analysis of the market for machine tools for working stone in the Philippines.
305
This report provides an in-depth analysis of the stone sawing machine market in the Philippines.
472
This report provides an in-depth analysis of the global stone polishing machine market.
Nothing found. Please try again.
