Philippines - Industrial Machinery For The Manufacture Or Preparation Of Sugar - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSugar-Manufacturing Industrial Machinery Price in the Philippines - 2023
Contents:
- Sugar-Manufacturing Industrial Machinery Price in the Philippines (CIF) - 2022
- Sugar-Manufacturing Industrial Machinery Price in the Philippines (FOB) - 2022
- Sugar-Manufacturing Industrial Machinery Imports in the Philippines
- Sugar-Manufacturing Industrial Machinery Exports in the Philippines
Sugar-Manufacturing Industrial Machinery Price in the Philippines (CIF) - 2022
In 2022, the average sugar-manufacturing industrial machinery import price amounted to $480 per unit, waning by -48.6% against the previous year. In general, the import price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2019 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the maximum at $1,032 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,484 per unit), while the price for China ($181 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugar-Manufacturing Industrial Machinery Price in the Philippines (FOB) - 2022
In 2022, the average sugar-manufacturing industrial machinery export price amounted to $1,395 per unit, growing by 6.3% against the previous year. Overall, the export price continues to indicate a resilient increase. Over the period under review, the average export prices reached the peak figure at $2,520 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,795 per unit), while the average price for exports to Pakistan amounted to $1,083 per unit.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.2%).
Sugar-Manufacturing Industrial Machinery Imports in the Philippines
In 2022, approx. 1.8K units of industrial machinery for the manufacture or preparation of sugar were imported into the Philippines; waning by -10.6% against 2021 figures. Over the period under review, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 18%. Over the period under review, imports attained the peak figure at 4.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, sugar-manufacturing industrial machinery imports fell significantly to $842K in 2022. Overall, imports faced a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 7.1% against the previous year. Imports peaked at $4.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Sugar-Manufacturing Industrial Machinery in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 524 | 83.2 | 194 | 481 | -2.8% |
Thailand | 353 | 250 | 474 | 248 | -11.1% |
Australia | 51.9 | 13.7 | 233 | 58.6 | 4.1% |
China | 51.4 | 71.3 | 11.1 | 34.7 | -12.3% |
France | 436 | 149 | 9.0 | 0.1 | -93.9% |
Germany | 593 | 68.7 | 0.4 | N/A | -97.4% |
Malaysia | 261 | 140 | 130 | N/A | -29.4% |
United States | 498 | 575 | 495 | N/A | -0.3% |
Netherlands | 238 | N/A | N/A | N/A | 0% |
Brazil | 66.1 | 19.6 | 22.9 | N/A | -41.1% |
Others | 1,217 | 341 | 263 | 19.2 | -74.9% |
Total | 4,289 | 1,712 | 1,833 | 842 | -41.9% |
Top Suppliers of Sugar-Manufacturing Industrial Machinery to the Philippines in 2022:
- India (1334.0 units)
- China (191.0 units)
- Thailand (167.0 units)
- Australia (40.0 units)
Sugar-Manufacturing Industrial Machinery Exports in the Philippines
In 2022, overseas shipments of industrial machinery for the manufacture or preparation of sugar decreased by -52.9% to 8 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant curtailment. The exports peaked at 27 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, sugar-manufacturing industrial machinery exports shrank markedly to $11K in 2022. In general, exports faced a dramatic curtailment. Over the period under review, the exports attained the peak figure at $59K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Sugar-Manufacturing Industrial Machinery in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 17.8 | N/A | 17.4 | 6.3 | -29.3% |
Pakistan | 41.2 | N/A | 3.9 | 4.9 | -50.8% |
Kuwait | N/A | N/A | 1.1 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 59.0 | N/A | 22.3 | 11.2 | -42.5% |
Top Export Markets for Sugar-Manufacturing Industrial Machinery from the Philippines in 2022:
- Pakistan (4.0 units)
- India (4.0 units)
This report provides an in-depth analysis of the sugar-manufacturing industrial machinery 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 28931730 - Industrial machinery for the manufacture or preparation of sugar
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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