Philippines - Vices And Clamps - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVices and Clamps Price in the Philippines - 2023
Contents:
- Vices and Clamps Price in the Philippines (CIF) - 2022
- Vices and Clamps Price in the Philippines (FOB) - 2022
- Vices and Clamps Imports in the Philippines
- Vices and Clamps Exports in the Philippines
Vices and Clamps Price in the Philippines (CIF) - 2022
In 2022, the average vices and clamps import price amounted to $8,753 per ton, with an increase of 5.8% against the previous year. Over the period under review, the import price posted a strong expansion. The growth pace was the most rapid in 2018 when the average import price increased by 199%. The import price peaked at $10,334 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($8,754 per ton) and Japan ($8,753 per ton), while the price for Singapore ($8,753 per ton) and Malaysia ($8,753 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Vices and Clamps Price in the Philippines (FOB) - 2022
The average vices and clamps export price stood at $14,157 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 60%. The export price peaked at $27,465 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($14,157 per ton), while the average price for exports to Japan totaled $14,157 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.4%), while the prices for the other major destinations experienced a decline.
Vices and Clamps Imports in the Philippines
In 2022, approx. 1.2K tons of vices and clamps were imported into the Philippines; surging by 41% compared with 2021. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 80%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, vices and clamps imports surged to $10M in 2022. Overall, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vices and Clamps in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,667 | 1,267 | 2,276 | 6,244 | 55.3% |
| Singapore | 231 | 422 | 1,008 | 1,167 | 71.6% |
| Taiwan (Chinese) | 572 | 641 | 1,380 | 962 | 18.9% |
| China | 3,644 | 1,509 | 961 | 723 | -41.7% |
| Hong Kong SAR | 163 | 224 | 299 | 307 | 23.5% |
| United States | 305 | 157 | 236 | 234 | -8.5% |
| Malaysia | 217 | 282 | 424 | 205 | -1.9% |
| Others | 705 | 387 | 470 | 653 | -2.5% |
| Total | 7,504 | 4,889 | 7,055 | 10,493 | 11.8% |
Top Suppliers of Vices and Clamps to the Philippines in 2022:
- Japan (713.4 tons)
- Singapore (133.3 tons)
- Taiwan (Chinese) (109.9 tons)
- China (82.6 tons)
- Hong Kong SAR (35.1 tons)
- United States (26.7 tons)
- Malaysia (23.4 tons)
Vices and Clamps Exports in the Philippines
In 2022, overseas shipments of vices and clamps increased by 28% to 62 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, vices and clamps exports skyrocketed to $883K in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern.
| Export of Vices and Clamps in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 834 | 604 | 663 | 787 | -1.9% |
| Vietnam | 16.2 | 15.3 | 2.7 | 70.0 | 62.9% |
| Others | 56.4 | 6.9 | 14.8 | 25.7 | -23.0% |
| Total | 906 | 626 | 680 | 883 | -0.9% |
Top Export Markets for Vices and Clamps from the Philippines in 2022:
- Japan (55.6 tons)
- Vietnam (4.9 tons)
This report provides an in-depth analysis of the vices and clamps 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 25733085 - Vices, clamps and the like
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
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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
-
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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