Report Philippines - Machine-Tools for Working Any Material by Removal of Material - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 22, 2022

Philippines - Machine-Tools for Working Any Material by Removal of Material - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Market for Machine-Tools For Working Any Material By Removal Of Material 2022

Market Size for Machine-Tools For Working Any Material By Removal Of Material in the Philippines

In 2021, the Philippine machine-tool for removing material market increased by X% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption recorded a buoyant expansion. Machine-tool for removing material consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from the Philippines

In 2021, overseas shipments of machine-tools for working any material by removal of material decreased by -X% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% year-to-year. As a result, the exports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, machine-tool for removing material exports skyrocketed to $X in 2021. In general, exports, however, enjoyed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X units) and the United States (X units) were the main destinations of machine-tool for removing material exports from the Philippines.

From 2012 to 2021, the biggest increases were in the United States (+X value terms, the United States ($X) and the Netherlands ($X) were the largest markets for machine-tool for removing material exported from the Philippines worldwide.

The United States, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average machine-tool for removing material export price stood at $X per unit in 2021, surging by X% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X%).

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into the Philippines

In 2021, overseas purchases of machine-tools for working any material by removal of material decreased by -X% to X units, falling for the fourth year in a row after six years of growth. Overall, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, machine-tool for removing material imports rose notably to $X in 2021. In general, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of machine-tool for removing material to the Philippines, with a X% share of total imports. Moreover, machine-tool for removing material imports from Japan exceeded the figures recorded by the second-largest supplier, Malaysia (X units), sixfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Germany (+X% per year).

In value terms, Japan ($X) constituted the largest supplier of machine-tool for removing material to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Japan stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

The average machine-tool for removing material import price stood at $X per unit in 2021, increasing by X% against the previous year. In general, the import price continues to indicate resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for machine-tools for working any material by removal of material in the world?
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South Africa remains the largest machine-tool for removing material consuming country worldwide, accounting for 59% of total volume. Moreover, machine-tool for removing material consumption in South Africa exceeded the figures recorded by the second-largest consumer, Japan, fourfold. South Korea ranked third in terms of total consumption with a 5.2% share.
What are the largest producers of machine-tools for working any material by removal of material in the world?
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Japan remains the largest machine-tool for removing material producing country worldwide, accounting for 58% of total volume. Moreover, machine-tool for removing material production in Japan exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by Switzerland, with a 3.1% share.
What are the leading suppliers of machine-tools for working any material by removal of material to the Philippines?
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In value terms, Japan constituted the largest supplier of machine-tool for removing material to the Philippines, comprising 77% of total imports. The second position in the ranking was occupied by Germany, with a 14% share of total imports. It was followed by Malaysia, with a 4% share.
What are the leading importers of machine-tools for working any material by removal of material from the Philippines?
+
In value terms, the largest markets for machine-tool for removing material exported from the Philippines were the United States and the Netherlands.
What is the average export price for machine-tools for working any material by removal of material in the Philippines?
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The average machine-tool for removing material export price stood at $4,115 per unit in 2021, with an increase of 2,383% against the previous year.
What is the average import price for machine-tools for working any material by removal of material in the Philippines?
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The average machine-tool for removing material import price stood at $11,633 per unit in 2021, increasing by 81% against the previous year.

This report provides an in-depth analysis of the market for machine-tool for removing material 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 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
• Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
• Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
• Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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