Latest Report Update: Jan 2, 2020

Philippines - Parts Of Boilers For Central Heating - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Philippines: Boiler Parts Market Overview 2020

Boiler Parts Market Size in the Philippines

The revenue of the boiler parts market in the Philippines amounted to $X in 2018, coming down 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). Overall, boiler parts consumption continues to indicate temperate growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. In that year, the boiler parts market attained its peak level of $X. From 2010 to 2018, the growth of the boiler parts market remained at a somewhat lower figure.

Boiler Parts Exports

Exports from the Philippines

In 2018, approx. X kg of parts of boilers for central heating were exported from the Philippines; going up by X% against the previous year. In general, boiler parts exports continue to indicate outstanding growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. In that year, boiler parts exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, boiler parts exports stood at $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. In that year, boiler parts exports reached their peak of $X. From 2013 to 2018, the growth of boiler parts exports remained at a lower figure.

Exports by Country

Singapore (X kg) was the main destination for boiler parts exports from the Philippines, accounting for a X% share of total exports. Moreover, boiler parts exports to Singapore exceeded the volume sent to the second major destination, Kuwait (X kg), twofold. The third position in this ranking was occupied by the Netherlands (X kg), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and the Netherlands (+X% per year).

In value terms, Singapore ($X) remains the key foreign market for boiler parts exports from the Philippines, comprising X% of total boiler parts exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Singapore totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2018, the average boiler parts export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the boiler parts export price continues to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2010 a decrease of -X% y-o-y. Over the period under review, the average export prices for parts of boilers for central heating reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per tonne), while the average price for exports to Kuwait ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait, while the prices for the other major destinations experienced a decline.

Boiler Parts Imports

Imports into the Philippines

Boiler parts imports into the Philippines stood at X tonnes in 2018, going down by -X% against the previous year. Over the period under review, boiler parts imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. In that year, boiler parts imports reached their peak of X tonnes. From 2010 to 2018, the growth of boiler parts imports failed to regain its momentum.

In value terms, boiler parts imports stood at $X in 2018. Overall, boiler parts imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2009 when imports increased by X% against the previous year. In that year, boiler parts imports reached their peak of $X. From 2010 to 2018, the growth of boiler parts imports remained at a lower figure.

Imports by Country

In 2018, South Korea (X tonnes) constituted the largest supplier of boiler parts to the Philippines, with a X% share of total imports. Moreover, boiler parts imports from South Korea exceeded the figures recorded by the second-largest supplier, South Africa (X tonnes), eightfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from South Korea stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and India (+X% per year).

In value terms, South Korea ($X), Viet Nam ($X) and the U.S. ($X) were the largest boiler parts suppliers to the Philippines, with a combined X% share of total imports.

Among the main suppliers, South Korea recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average boiler parts import price amounted to $X per tonne, growing by X% against the previous year. In general, the boiler parts import price continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. In that year, the average import prices for parts of boilers for central heating reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while the price for South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 25211300 - Parts of boilers for central heating

This report provides an in-depth analysis of the boiler parts 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 2025.


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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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