Philippines - Threshing Machinery Except Combine Harvester-Threshers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThreshing Machinery Price in the Philippines - 2023
Contents:
- Threshing Machinery Price in the Philippines (CIF) - 2022
- Threshing Machinery Price in the Philippines (FOB) - 2022
- Threshing Machinery Imports in the Philippines
- Threshing Machinery Exports in the Philippines
Threshing Machinery Price in the Philippines (CIF) - 2022
The average threshing machinery import price stood at $5,416 per unit in 2022, growing by 18% against the previous year. Overall, the import price recorded strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 83%. As a result, import price attained the peak level of $5,808 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($5,777 per unit), while the price for South Korea ($3,981 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 (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Threshing Machinery Price in the Philippines (FOB) - 2022
The average threshing machinery export price stood at $210 per unit in 2022, waning by -24.8% against the previous year. In general, the export price faced a drastic downturn. Over the period under review, the average export prices attained the maximum at $1,023 per unit in 2013; however, from 2014 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 India.
From 2013 to 2022, the rate of growth in terms of prices for India amounted to -17.4% per year.
Threshing Machinery Imports in the Philippines
In 2022, purchases abroad of threshing machinery except combine harvester-threshers decreased by -81.6% to 7 units, falling for the second year in a row after two years of growth. In general, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 5.9% against the previous year. As a result, imports attained the peak of 126 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, threshing machinery imports fell rapidly to $38K in 2022. Over the period under review, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2020 when imports increased by 6.1%. As a result, imports attained the peak of $681K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Threshing Machinery in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 14.8 | 15.9 | 5.8 | 17.3 | 5.3% |
| China | 68.4 | 29.6 | 10.5 | 16.6 | -37.6% |
| South Korea | 3.7 | 1.7 | 0.8 | 4.0 | 2.6% |
| Thailand | 8.1 | 9.5 | 3.0 | N/A | -39.1% |
| Vietnam | 110 | 136 | 36.0 | N/A | -42.8% |
| Austria | 48.1 | 90.2 | 3.8 | N/A | -71.9% |
| Taiwan (Chinese) | 20.3 | 19.8 | 5.2 | N/A | -49.4% |
| Others | 369 | 379 | 109 | N/A | -45.6% |
| Total | 642 | 681 | 174 | 37.9 | -61.1% |
Top Suppliers of Threshing Machinery to the Philippines in 2022:
- Japan (3.0 units)
- China (3.0 units)
- South Korea (1.0 units)
Threshing Machinery Exports in the Philippines
In 2022, threshing machinery exports from the Philippines shrank notably to 2 units, dropping by -33.3% against the previous year's figure. Over the period under review, exports continue to indicate a dramatic decrease. The exports peaked at 3 units in 2021, and then dropped significantly in the following year.
In value terms, threshing machinery exports declined dramatically to $420 in 2022. In general, exports saw a sharp shrinkage. Over the period under review, the exports reached the maximum at $838 in 2021, and then declined sharply in the following year.
| Export of Threshing Machinery in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| India | 413 | 210 | -49.2% | ||
| Thailand | 6.0 | N/A | 0% | ||
| Others | 419 | 210 | -49.9% | ||
| Total | 838 | 420 | -49.9% | ||
Top Export Markets for Threshing Machinery from the Philippines in 2022:
- India (1.0 units)
This report provides an in-depth analysis of the threshing 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 28305930 - Agricultural threshing machinery (excluding combine harvester-threshers)
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
-
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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