Philippines - Video Monitors - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Philippines - Video Monitors - Market Analysis, Forecast, Size, Trends and Insights

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Video Monitor Price in the Philippines - 2023

Contents:

  1. Video Monitor Price in the Philippines (FOB) - 2023
  2. Video Monitor Price in the Philippines (CIF) - 2022
  3. Video Monitor Exports in the Philippines
  4. Video Monitor Imports in the Philippines

Video Monitor Price in the Philippines (FOB) - 2023

The average video monitor export price stood at $311 per unit in June 2023, dropping by -7% against the previous month. In general, the export price showed a mild reduction. The most prominent rate of growth was recorded in May 2023 an increase of 24% m-o-m. The export price peaked at $435 per unit in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($527 per unit), while the average price for exports to South Korea ($60.2 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Video Monitor Price in the Philippines (CIF) - 2022

The average video monitor import price stood at $427 per unit in 2022, increasing by 1,337% against the previous year. Overall, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($430 per unit), while the price for Switzerland totaled $340 per unit.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+33.7%), while the prices for the other major suppliers experienced a decline.

Video Monitor Exports in the Philippines

In 2022, video monitor exports from the Philippines shrank significantly to 127K units, reducing by -93.3% compared with 2021. Over the period under review, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, the exports hit record highs at 3.5M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, video monitor exports fell markedly to $46M in 2022. Overall, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. As a result, the exports attained the peak of $705M, and then dropped significantly in the following year.

Export of Video Monitor in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.81.34.327.8149.0%
Switzerland3.74.03.07.224.8%
South Africa4.32.72.65.69.2%
Turkey1.91.54.05.441.6%
United States124104130N/A2.4%
Germany93.389.496.5N/A1.7%
China26.232.351.5N/A40.2%
Japan47.341.649.6N/A2.4%
Mexico19.810.76.2N/A-44.0%
France27.0N/A0.2N/A-91.4%
Indonesia15.611.518.0N/A7.4%
United Arab Emirates23.823.413.2N/A-25.5%
Netherlands92.073.695.7N/A2.0%
Others146105230N/A25.5%
Total62650170545.9-58.1%

Top Export Markets for Video Monitor from the Philippines in 2022:

  1. Brazil (87.5K units)
  2. South Africa (19.9K units)
  3. Turkey (13.0K units)
  4. Switzerland (6.2K units)

Video Monitor Imports in the Philippines

In 2022, approx. 64K units of video monitors were imported into the Philippines; dropping by -98.3% on the year before. Overall, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports attained the peak of 3.8M units, and then declined significantly in the following year.

In value terms, video monitor imports contracted markedly to $27M in 2022. Over the period under review, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked at $137M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Video Monitor in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A26.40%
SwitzerlandN/AN/AN/A0.80%
Hong Kong SAR4.57.46.1N/A16.4%
South Korea7.12.53.1N/A-33.9%
Japan3.91.11.6N/A-35.9%
China72.054.060.8N/A-8.1%
Malaysia3.11.52.7N/A-6.7%
Singapore31.914.921.4N/A-18.1%
Taiwan (Chinese)4.13.25.1N/A11.5%
Others10.35.911.4N/A5.2%
Total13790.511227.2-41.7%

Top Suppliers of Video Monitor to the Philippines in 2022:

  1. Turkey (61.5K units)
  2. Switzerland (2.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the video monitor 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 26403420 - Video projectors
  • Prodcom 26403440 - Colour video monitors with cathode-ray tube
  • Prodcom 26403460 - Flat panel video monitor, LCD or plasma, etc., without tuner (colour video monitors) (excluding with cathode-ray tube)
  • Prodcom 26403480 - Black and white or other monochrome video monitors
  • Prodcom 26403400 -
  • Prodcom 26201700 - Monitors and projectors, principally used in an automatic data processing system

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Despite a dip in exports in 2014, China continued to dominate in the global monitor trade. In 2014, China exported X thousand units of monitors totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., wher

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