Report Update Apr 1, 2024

Philippines - Non-Electric Air Heaters or Hot Air Distributors - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Non-Electric Air Heater Market 2024

Non-Electric Air Heater Market Size in the Philippines

The Philippine non-electric air heater market fell to $X in 2022, dropping by -9.2% against the previous year. Overall, consumption saw a mild slump. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Non-Electric Air Heater Production in the Philippines

In value terms, non-electric air heater production fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a modest increase. The pace of growth appeared the most rapid in 2013 with an increase of 100%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Non-Electric Air Heater Exports

Exports by Country

Hong Kong SAR (X units) was the main destination for non-electric air heater exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest.

Export Prices by Country

The average non-electric air heater export price stood at $X per unit in 2022, dropping by -4.7% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1.3%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to 0.0% per year.

Non-Electric Air Heater Imports

Imports into the Philippines

In 2022, after two years of growth, there was significant decline in overseas purchases of non-electric air heaters or hot air distributors, when their volume decreased by -60.5% to X units. Overall, imports faced a deep setback. The growth pace was the most rapid in 2016 when imports increased by 206%. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, non-electric air heater imports shrank dramatically to $X in 2022. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 141%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Malaysia (X units), Japan (X units) and China (X units) were the main suppliers of non-electric air heater imports to the Philippines, together comprising 59% of total imports. Hong Kong SAR, Singapore, South Korea, Indonesia, Taiwan (Chinese) and the United States lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +53.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Japan ($X) and China ($X) appeared to be the largest non-electric air heater suppliers to the Philippines, together comprising 59% of total imports. Hong Kong SAR, Singapore, South Korea, Indonesia, Taiwan (Chinese) and the United States lagged somewhat behind, together accounting for a further 34%.

In terms of the main suppliers, Indonesia, with a CAGR of +75.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-electric air heater import price amounted to $X per unit, standing approx. at the previous year. In general, the import price, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 an increase of 66% against the previous year. The import price peaked at $X per unit in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($X per unit) and Japan ($X per unit), while the price for Singapore ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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Frequently Asked Questions (FAQ) :

What are the largest markets for non-electric air heaters or hot air distributors in the world?

The country with the largest volume of non-electric air heater consumption was the United States, comprising approx. 45% of total volume. Moreover, non-electric air heater consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fourfold. Canada ranked third in terms of total consumption with an 8.3% share.

What are the largest producers of non-electric air heaters or hot air distributors in the world?

The country with the largest volume of non-electric air heater production was China, comprising approx. 31% of total volume. Moreover, non-electric air heater production in China exceeded the figures recorded by the second-largest producer, Mexico, twofold. The third position in this ranking was taken by India, with a 10% share.

What are the leading suppliers of non-electric air heaters or hot air distributors to the Philippines?

In value terms, the largest non-electric air heater suppliers to the Philippines were Malaysia, Japan and China, with a combined 59% share of total imports. Hong Kong SAR, Singapore, South Korea, Indonesia, Taiwan Chinese) and the United States lagged somewhat behind, together accounting for a further 34%.

What is the average export price for non-electric air heaters or hot air distributors in the Philippines?

The average non-electric air heater export price stood at $10 per unit in 2022, declining by -4.7% against the previous year.

What is the average import price for non-electric air heaters or hot air distributors in the Philippines?

The average non-electric air heater import price stood at $9.5 per unit in 2022, stabilizing at the previous year.

This report provides an in-depth analysis of the non-electric air heater 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 27521300 - Air heaters or hot air distributors n.e.c., of iron or steel, nonelectric

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