Philippines - Parts And Accessories Of Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
Philippines: Automotive Accessory Market Overview 2018
Automotive Accessory Imports in the Philippines
In 2017, approx. X units of parts and accessories of motor vehicles were imported into the Philippines; declining by -X% against the previous year. In general, automotive accessory imports continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2013, when the imports increased by X% year-to-year. In that year, the automotive accessory imports reached its maximum volume of X units. From 2014 to 2017, growth of the automotive accessory imports stood at a somewhat lower level.
In value terms, automotive accessory imports amounted to $X in 2017. Overall, automotive accessory imports continue to indicate a relatively flat trend pattern. Over the period under review, the automotive accessory imports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.
Automotive Accessory Exports in the Philippines
In 2017, exports of parts and accessories of motor vehicles in the Philippines stood at X units, ascending by X% against the previous year. Overall, automotive accessory exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2012, when it surged by X% from the previous year. The Philippines exports peaked of X units in 2015; however, from 2016 to 2017, it failed to regain its strength.
In value terms, automotive accessory exports totaled $X in 2017. In general, automotive accessory exports continue to indicate an abrupt decline. Over the period under review, the automotive accessory exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its strength.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for automotive parts and accessories 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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