Philippines: Fixed Carbon Resistor Market 2024

Fixed Carbon Resistor Market Size in the Philippines

The Philippine fixed carbon resistor market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a deep setback. Fixed carbon resistor consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fixed Carbon Resistor Production in the Philippines

In value terms, fixed carbon resistor production declined to $X in 2022 estimated in export price. Overall, production saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Fixed Carbon Resistor Exports

Exports from the Philippines

In 2022, overseas shipments of fixed carbon resistors, composition or film types and electrical variable resistors decreased by X% to X units, falling for the second consecutive year after five years of growth. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, fixed carbon resistor exports contracted to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

China (X units), Japan (X units) and South Korea (X units) were the main destinations of fixed carbon resistor exports from the Philippines, with a combined X% share of total exports. The United States, Vietnam, Ireland, Hong Kong SAR and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and the United States ($X) constituted the largest markets for fixed carbon resistor exported from the Philippines worldwide, with a combined X% share of total exports. South Korea, Vietnam, Ireland, Hong Kong SAR and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fixed carbon resistor export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price faced a deep slump. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Czech Republic ($X 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 the Czech Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.

Fixed Carbon Resistor Imports

Imports into the Philippines

In 2022, fixed carbon resistor imports into the Philippines contracted to X units, with a decrease of X% compared with 2021 figures. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, fixed carbon resistor imports reduced to $X in 2022. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

Japan (X units), China (X units) and Hong Kong SAR (X units) were the main suppliers of fixed carbon resistor imports to the Philippines, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Hong Kong SAR ($X) were the largest fixed carbon resistor suppliers to the Philippines, with a combined X% share of total imports.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of X%, saw the highest rates of growth with regard to 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 fixed carbon resistor import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price posted strong growth. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

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

Source: IndexBox Platform

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