Report Philippines - Parts of Boilers for Central Heating - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Oct 12, 2022

Philippines - Parts of Boilers for Central Heating - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Boiler Parts Market 2022

Boiler Parts Market Size in the Philippines

In 2021, after two years of growth, there was significant decline in the Philippine boiler parts market, when its value decreased by -X% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Boiler Parts Exports

Exports from the Philippines

In 2021, overseas shipments of parts of boilers for central heating increased by X% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, boiler parts exports surged to $X in 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Hong Kong SAR (X tons) was the main destination for boiler parts exports from the Philippines, accounting for a X% share of total exports. It was followed by South Korea (X kg), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR was relatively modest.

Export Prices by Country

In 2021, the average boiler parts export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Hong Kong SAR totaled $X per ton.

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

Boiler Parts Imports

Imports into the Philippines

In 2021, purchases abroad of parts of boilers for central heating decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports saw a noticeable contraction. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, boiler parts imports fell dramatically to $X in 2021. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked at $X in 2020, and then shrank remarkably in the following year.

Imports by Country

South Africa (X tons), Taiwan (Chinese) (X tons) and Japan (X tons) were the main suppliers of boiler parts imports to the Philippines, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in South Africa (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Taiwan (Chinese) ($X) and Japan ($X) constituted the largest boiler parts suppliers to the Philippines, together accounting for X% of total imports.

South Africa, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average boiler parts import price stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the import price, however, saw a resilient increase. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2020, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from South Africa ($X per ton) and Indonesia ($X per ton), while the price for China ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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

Frequently Asked Questions (FAQ) :

What are the largest markets for parts of boilers for central heating in the world?
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The countries with the highest volumes of consumption in 2021 were the United States, China and India, with a combined 45% share of global consumption. Indonesia, Nigeria, Brazil, Bangladesh, Germany, Mexico, the UK, France, the Netherlands and Iran lagged somewhat behind, together accounting for a further 25%.
What are the largest producers of parts of boilers for central heating in the world?
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The countries with the highest volumes of production in 2021 were China, the United States and India, with a combined 47% share of global production. Indonesia, Nigeria, Brazil, Bangladesh, Mexico, Slovakia, Italy, France, Iran and Germany lagged somewhat behind, together accounting for a further 25%.
What are the leading suppliers of parts of boilers for central heating to the Philippines?
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In value terms, South Africa, Taiwan Chinese) and Japan constituted the largest boiler parts suppliers to the Philippines, together accounting for 77% of total imports.
What is the average export price for parts of boilers for central heating in the Philippines?
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In 2021, the average boiler parts export price amounted to $18,585 per ton, picking up by 13% against the previous year.
What is the average import price for parts of boilers for central heating in the Philippines?
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In 2021, the average boiler parts import price amounted to $14,182 per ton, falling by -5.1% against the previous year.

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 2030.


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

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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