
Philippines - Photo-Copying Apparatus - Market Analysis, Forecast, Size, Trends and Insights
Philippines: Photo-Copying Apparatus Market 2023
Photo-Copying Apparatus Market Size in the Philippines
The Philippine photo-copying apparatus market soared to $X in 2022, with an increase of 3,491% against the previous year. Overall, consumption showed a significant expansion. Photo-copying apparatus consumption peaked in 2022 and is likely to continue growth in the near future.
Photo-Copying Apparatus Production in the Philippines
In value terms, photo-copying apparatus production reached $X in 2022 estimated in export price. In general, production showed significant growth. The pace of growth was the most pronounced in 2019 when the production volume increased by 191% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.
Photo-Copying Apparatus Exports
Exports from the Philippines
In 2022, shipments abroad of photo-copying apparatus decreased by -58.5% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 114%. The exports peaked at X units in 2021, and then reduced remarkably in the following year.
In value terms, photo-copying apparatus exports contracted rapidly to $X in 2022. In general, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 when exports increased by 35%. The exports peaked at $X in 2021, and then fell markedly in the following year.
Exports by Country
The United States (X units), China (X units) and the Netherlands (X units) were the main destinations of photo-copying apparatus exports from the Philippines, with a combined 89% share of total exports.
From 2017 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +176.3%), while the other leaders experienced more modest paces of growth.
In value terms, China ($X), the Netherlands ($X) and the United States ($X) appeared to be the largest markets for photo-copying apparatus exported from the Philippines worldwide, with a combined 67% share of total exports.
The Netherlands, with a CAGR of +157.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average photo-copying apparatus export price stood at $X per unit in 2022, rising by 10% against the previous year. In general, the export price, however, recorded a precipitous setback. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-6.7%), while the prices for the other major destinations experienced a decline.
Photo-Copying Apparatus Imports
Imports into the Philippines
In 2022, purchases abroad of photo-copying apparatus increased by 12,912% to X units, rising for the second consecutive year after two years of decline. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, photo-copying apparatus imports fell to $X in 2022. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 28%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, Hong Kong SAR (X units) was the main supplier of photo-copying apparatus to the Philippines, with a approx. 100% share of total imports.
From 2017 to 2022, the average annual rate of growth in terms of volume from Hong Kong SAR was relatively modest.
In value terms, Hong Kong SAR ($X) constituted the largest supplier of photo-copying apparatus to the Philippines.
From 2017 to 2022, the average annual rate of growth in terms of value from Hong Kong SAR was relatively modest.
Import Prices by Country
In 2022, the average photo-copying apparatus import price amounted to $X per unit, with a decrease of -99.3% against the previous year. In general, the import price showed a precipitous contraction. The growth pace was the most rapid in 2020 when the average import price increased by 6.7% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Hong Kong SAR.
From 2017 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to 0.0% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the photo-copying apparatus 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.
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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