Philippines - Gas Supply Or Production Meters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGas Supply Meter Price in the Philippines - 2023
Contents:
- Gas Supply Meter Price in the Philippines (CIF) - 2022
- Gas Supply Meter Price in the Philippines (FOB) - 2022
- Gas Supply Meter Imports in the Philippines
- Gas Supply Meter Exports in the Philippines
Gas Supply Meter Price in the Philippines (CIF) - 2022
In 2022, the average gas supply meter import price amounted to $118 per unit, surging by 41% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2019 an increase of 45%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($650 per unit), while the price for China ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Gas Supply Meter Price in the Philippines (FOB) - 2022
The average gas supply meter export price stood at $154 per unit in 2022, surging by 21% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 224%. Over the period under review, the average export prices hit record highs at $432 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($300 per unit), while the average price for exports to Singapore totaled $146 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+6.9%), while the prices for the other major destinations experienced a decline.
Gas Supply Meter Imports in the Philippines
In 2022, gas supply meter imports into the Philippines skyrocketed to 22K units, with an increase of 634% against the previous year. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, gas supply meter imports soared to $2.6M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Gas Supply Meter in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 149 | 138 | 40.4 | 1,033 | 90.7% |
United States | 199 | 46.4 | 76.8 | 1,028 | 72.9% |
United Kingdom | 18.7 | 19.2 | 18.0 | 185 | 114.7% |
Germany | 24.0 | 17.6 | 14.4 | 179 | 95.4% |
China | 14.3 | 15.6 | 12.9 | 137 | 112.4% |
South Korea | 17.1 | N/A | N/A | N/A | 0% |
Australia | 229 | N/A | 53.8 | N/A | -51.5% |
Others | 66.9 | 58.1 | 30.6 | N/A | -32.4% |
Total | 718 | 295 | 247 | 2,561 | 52.8% |
Top Suppliers of Gas Supply Meter to the Philippines in 2022:
- China (12.0K units)
- United States (6.7K units)
- Japan (1.6K units)
- Germany (1.1K units)
- United Kingdom (0.3K units)
Gas Supply Meter Exports in the Philippines
Gas supply meter exports from the Philippines skyrocketed to 86 units in 2022, picking up by 514% compared with 2021 figures. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,300%. As a result, the exports attained the peak of 182 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, gas supply meter exports skyrocketed to $13K in 2022. Overall, exports posted a significant expansion. The exports peaked at $25K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Export of Gas Supply Meter in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 0.2 | 19.0 | 1.4 | 11.9 | 290.4% |
Germany | 4.5 | 2.0 | N/A | 1.4 | -32.2% |
Others | N/A | 3.8 | 0.4 | N/A | -89.5% |
Total | 4.7 | 24.7 | 1.8 | 13.2 | 41.1% |
Top Export Markets for Gas Supply Meter from the Philippines in 2022:
- Singapore (81.0 units)
- Germany (4.0 units)
This report provides an in-depth analysis of the gas supply meter 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 26516330 - Gas supply or production meters (including calibrated)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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