Philippines - Planing, Milling Or Moulding Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Milling Machine Price in the Philippines - 2023
Contents:
- Wood Milling Machine Price in the Philippines (CIF) - 2022
- Wood Milling Machine Price in the Philippines (FOB) - 2022
- Wood Milling Machine Imports in the Philippines
- Wood Milling Machine Exports in the Philippines
Wood Milling Machine Price in the Philippines (CIF) - 2022
The average wood milling machine import price stood at $530 per unit in 2022, reducing by -40.6% against the previous year. In general, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 68% against the previous year. Over the period under review, average import prices reached the maximum at $3,166 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
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 ($1,756 per unit), while the price for Hong Kong SAR ($298 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-2.7%), while the prices for the other major suppliers experienced a decline.
Wood Milling Machine Price in the Philippines (FOB) - 2022
The average wood milling machine export price stood at $447 per unit in 2022, increasing by 61% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 444% against the previous year. As a result, the export price attained the peak level of $1,288 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
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 Denmark ($2,092,064 per unit), while the average price for exports to Palau (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+594.4%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Milling Machine Imports in the Philippines
Wood milling machine imports into the Philippines totaled 5.7K units in 2022, approximately mirroring the year before. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 535%. As a result, imports reached the peak of 15K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, wood milling machine imports dropped dramatically to $3M in 2022. Overall, imports posted prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 395%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Wood Milling Machine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 671 | 8,874 | 707 | 1,352 | 26.3% |
| Japan | 627 | 1,784 | 2,558 | 867 | 11.4% |
| Germany | 6.8 | 21.7 | 75.9 | 169 | 191.8% |
| Hong Kong SAR | 2.8 | 2.2 | 420 | 129 | 258.5% |
| Taiwan (Chinese) | 116 | 4.1 | 129 | 39.6 | -30.1% |
| Others | 875 | 681 | 1,174 | 476 | -18.4% |
| Total | 2,298 | 11,367 | 5,063 | 3,033 | 9.7% |
Top Suppliers of Wood Milling Machine to the Philippines in 2022:
- China (4438.0 units)
- Japan (494.0 units)
- Hong Kong SAR (433.0 units)
- Germany (105.0 units)
- Taiwan (Chinese) (86.0 units)
Wood Milling Machine Exports in the Philippines
Wood milling machine exports from the Philippines contracted dramatically to 22 units in 2022, which is down by -48.8% on the previous year's figure. Over the period under review, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 617%. As a result, the exports attained the peak of 43 units, and then fell significantly in the following year.
In value terms, wood milling machine exports fell rapidly to $9.8K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 123%. Over the period under review, the exports hit record highs at $12K in 2021, and then fell notably in the following year.
| Export of Wood Milling Machine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.9 | 1.1 | 9.8 | 4.3 | 14.0% |
| Japan | 0.2 | 0.2 | 1.5 | 0.7 | 51.8% |
| Indonesia | 0.2 | N/A | 0.5 | 0.2 | 0.0% |
| Palau | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 6.4 | 0.1 | 4.5 | 255.7% |
| Total | 3.4 | 7.7 | 11.9 | 9.8 | 42.3% |
Top Export Markets for Wood Milling Machine from the Philippines in 2022:
- Japan (17.0 units)
- Thailand (4.0 units)
- Indonesia (1.0 units)
- Palau (1.0 units)
This report provides an in-depth analysis of the wood milling machine 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 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
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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