Philippines - Electric Generating Sets and Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Market for Electric Generating Sets And Rotary Converters 2024
Market Size for Electric Generating Sets And Rotary Converters in the Philippines
The Philippine market for electric generating sets and rotary converters soared to $X in 2021, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed buoyant growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.
Exports of Electric Generating Sets And Rotary Converters
Exports from the Philippines
In 2021, shipments abroad of electric generating sets and rotary converters increased by X% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
In value terms, exports of electric generating sets and rotary converters surged to $X in 2021. Over the period under review, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports of failed to regain momentum.
Exports by Country
The United Arab Emirates (X units) was the main destination for exports of electric generating sets and rotary converters from the Philippines, accounting for a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to the United Arab Emirates exceeded the volume sent to the second major destination, Malaysia (X units), threefold. The third position in this ranking was held by South Africa (X units), with a X% share.
From 2012 to 2020, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and South Africa (X% per year).
In value terms, the United Arab Emirates ($X) emerged as the key foreign market for electric generating sets and rotary converters exports from the Philippines, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.
From 2012 to 2020, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Indonesia (X% per year).
Export Prices by Country
In 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, approximately equating the previous year. Over the period under review, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2020, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to South Korea ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.
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Imports of Electric Generating Sets And Rotary Converters
Imports into the Philippines
In 2021, the amount of electric generating sets and rotary converters imported into the Philippines skyrocketed to X units, increasing by X% compared with 2020. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, imports of electric generating sets and rotary converters rose slightly to $X in 2021. In general, imports posted a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports of failed to regain momentum.
Imports by Country
In 2020, China (X units) was the main electric generating set and rotary converter supplier to the Philippines, with a X% share of total imports. It was followed by Singapore (X units), with a X% share of total imports. Japan (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2020, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Japan (X% per year).
In value terms, China ($X) constituted the largest supplier of electric generating sets and rotary converters to the Philippines, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with an X% share of total imports. It was followed by Japan, with a X% share.
From 2012 to 2020, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Japan (X% per year).
Import Prices by Country
The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, falling by X% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2020, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for electric generating set and rotary converter 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 27113110 - Generating sets with compression-ignition internal combustion piston engines, of an output . .75 kVA
- Prodcom 27113130 - Generating sets with compression-ignition internal combustion piston engines of an output > .75 kVA but . .375 kVA
- Prodcom 27113150 - Generating sets with compression-ignition internal combustion piston engines of an output > .375 kVA but . .750 kVA
- Prodcom 27113170 - Generating sets with compression-ignition engines of an output > .750 kVA
- Prodcom 27113233 - Generating sets with spark-ignition internal combustion piston engines of an output . 7,5 kVA
- Prodcom 27113235 - Generating sets with spark-ignition internal combustion piston engines of an output > 7,5 kVA
- Prodcom 27113250 - Generating sets (excluding wind-powered and powered by spark-ignition internal combustion piston engine)
- Prodcom 27113270 - Rotary converters
- Prodcom 28112400 - Generating sets, wind-powered
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
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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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