Report Update: May 1, 2024

Philippines - Variable Capacitors - Market Analysis, Forecast, Size, Trends And Insights

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Variable Capacitor Price in the Philippines - 2023

Variable Capacitor Price in the Philippines (CIF) - 2022

In 2022, the average variable capacitor import price amounted to $4,970 per unit, with an increase of 48% against the previous year. Overall, import price indicated significant growth from 2021 to 2022: its price increased at an average annual rate of +47.6% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($186,479 per unit), while the price for Indonesia ($189 per unit) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7,378.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Variable Capacitor Price in the Philippines (FOB) - 2022

The average variable capacitor export price stood at $75,714 per unit in 2022, increasing by 6,306% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($229,040 per unit), while the average price for exports to Hong Kong SAR ($712 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+9,699.4%), while the prices for the other major destinations experienced more modest paces of growth.

Variable Capacitor Imports in the Philippines

In 2022, the amount of variable capacitors imported into the Philippines shrank rapidly to 372 units, which is down by -81% against the previous year's figure. Over the period under review, imports recorded a significant contraction. Imports peaked at 2K units in 2021, and then reduced notably in the following year.

In value terms, variable capacitor imports shrank rapidly to $1.8M in 2022. Overall, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Over the period under review, imports reached the maximum at $7.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Variable Capacitor in the Philippines (Thousand USD)
COUNTRY	2021	2022	CAGR, 2021-2022
Singapore	1,615	637	-60.6%
China	3,428	368	-89.3%
Hong Kong SAR	424	272	-35.8%
Japan	409	186	-54.5%
United States	61.7	97.8	58.5%
Taiwan (Chinese)	180	87.8	-51.2%
Czech Republic	182	13.3	-92.7%
Indonesia	115	0.2	-99.8%
Others	187	187	0.0%
Total	6,602	1,849	-72.0%

Top Suppliers of Variable Capacitor to the Philippines in 2022:

Singapore (199.0 units)
China (119.0 units)
United States (31.0 units)
Hong Kong SAR (2.0 units)
Czech Republic (1.0 units)
Taiwan (Chinese) (1.0 units)
Indonesia (1.0 units)
Japan (1.0 units)

Variable Capacitor Exports in the Philippines

In 2022, approx. 12 units of variable capacitors were exported from the Philippines; with a decrease of -95.7% on the year before. In general, exports faced a sharp curtailment. The smallest decline of -2.1% was in 2021. The exports peaked at 287 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, variable capacitor exports soared to $909K in 2022. Over the period under review, exports, however, recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Variable Capacitor in the Philippines (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
United Kingdom	84.1	37.6	408	120.3%
Brazil	2.0	N/A	266	1053.3%
United States	9.7	29.1	229	385.9%
China	12.4	14.8	2.6	-54.2%
Indonesia	47.6	25.4	1.6	-81.7%
Hong Kong SAR	8.6	5.2	0.7	-71.5%
South Korea	5.3	6.9	N/A	30.2%
Malaysia	30.6	22.2	N/A	-27.5%
France	8.1	40.1	N/A	395.1%
Mexico	104	75.9	N/A	-27.0%
Taiwan (Chinese)	22.3	0.3	N/A	-98.7%
Others	65.2	74.7	N/A	14.6%
Total	400	332	909	50.7%

Top Export Markets for Variable Capacitor from the Philippines in 2022:

Brazil (5.0 units)
United Kingdom (3.0 units)
United States (1.0 units)
Indonesia (1.0 units)
China (1.0 units)
Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the variable capacitor 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 27905300 - Variable capacitors (including pre-sets)

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