Philippines - Horizontal Machining Centres For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHorizontal Machining Centre Price in the Philippines - 2023
Contents:
- Horizontal Machining Centre Price in the Philippines (CIF) - 2022
- Horizontal Machining Centre Price in the Philippines (FOB) - 2022
- Horizontal Machining Centre Imports in the Philippines
- Horizontal Machining Centre Exports in the Philippines
Horizontal Machining Centre Price in the Philippines (CIF) - 2022
The average horizontal machining centre import price stood at $62,682 per unit in 2022, increasing by 27% against the previous year. Overall, the import price saw a prominent increase. The pace of growth was the most pronounced in 2021 an increase of 2,022% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($98,612 per unit), while the price for China ($18,725 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+156.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Horizontal Machining Centre Price in the Philippines (FOB) - 2022
The average horizontal machining centre export price stood at $29,540 per unit in 2022, with an increase of 1,152% against the previous year. Overall, the export price recorded significant growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 8,077% against the previous year. Over the period under review, the average export prices reached the peak figure at $34,459 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($29,540 per unit), while the average price for exports to Malaysia amounted to $29,540 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1,516.9%), while the prices for the other major destinations experienced more modest paces of growth.
Horizontal Machining Centre Imports in the Philippines
In 2022, supplies from abroad of horizontal machining centres for working metal decreased by -8.6% to 287 units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 869%. As a result, imports reached the peak of 5.9K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, horizontal machining centre imports skyrocketed to $18M in 2022. In general, imports continue to indicate a noticeable decline. Over the period under review, imports hit record highs at $20M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Horizontal Machining Centre in the Philippines (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 15.2 | 9.4 | 11.0 | 10.0 | -13.0% |
Netherlands | N/A | 0.6 | 1.6 | 3.2 | 130.9% |
United States | 0.3 | 0.9 | N/A | 1.1 | 54.2% |
Singapore | 0.6 | 0.9 | 0.5 | 1.0 | 18.6% |
Switzerland | N/A | 0.6 | N/A | 0.9 | 22.5% |
Taiwan (Chinese) | 0.6 | 0.4 | 0.8 | 0.7 | 5.3% |
South Korea | 1.0 | 0.1 | 0.7 | 0.7 | -11.2% |
China | 1.0 | 0.3 | 0.7 | 0.4 | -26.3% |
Thailand | 0.3 | 0.3 | N/A | N/A | 0.0% |
Others | 0.9 | 0.2 | 0.2 | N/A | -52.9% |
Total | 20.0 | 13.6 | 15.5 | 18.0 | -3.5% |
Top Suppliers of Horizontal Machining Centre to the Philippines in 2022:
- Japan (133.0 units)
- Netherlands (34.0 units)
- South Korea (33.0 units)
- Taiwan (Chinese) (28.0 units)
- China (23.0 units)
- Singapore (13.0 units)
- United States (11.0 units)
- Switzerland (11.0 units)
Horizontal Machining Centre Exports in the Philippines
In 2022, overseas shipments of horizontal machining centres for working metal decreased by -93.7% to 12 units, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 136%. As a result, the exports reached the peak of 283 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, horizontal machining centre exports shrank notably to $354K in 2022. Over the period under review, exports showed a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 1,005%. The exports peaked at $827K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Horizontal Machining Centre in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 58.0 | N/A | N/A | 324 | 77.4% |
Malaysia | N/A | 14.2 | 30.0 | 30.0 | 45.4% |
Thailand | N/A | 7.3 | 260 | N/A | 3461.6% |
United States | 1.9 | 1.5 | 45.4 | N/A | 388.8% |
Cambodia | 531 | N/A | N/A | N/A | 0% |
India | N/A | N/A | 84.0 | N/A | 0% |
Singapore | N/A | 12.8 | N/A | N/A | 0% |
Taiwan (Chinese) | N/A | 4.0 | N/A | N/A | 0% |
Others | 236 | 0.7 | 28.8 | N/A | -65.1% |
Total | 827 | 40.6 | 448 | 354 | -24.6% |
Top Export Markets for Horizontal Machining Centre from the Philippines in 2022:
- Japan (11.0 units)
- Malaysia (1.0 units)
This report provides an in-depth analysis of the horizontal machining centre 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 28411220 - Horizontal machining centres for working metal
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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