Report Update: May 1, 2024

Philippines - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends And Insights

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Price for Pneumatic Linear Acting Actuator in the Philippines - 2023

Price for Pneumatic Linear Acting Actuator in the Philippines (CIF) - 2022

In 2022, the average pneumatic linear acting actuator import price amounted to $20 per unit, stabilizing at the previous year. In general, the import price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 49%. Over the period under review, average import prices attained the peak figure at $26 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($20 per unit) and China ($20 per unit), while the price for Singapore ($20 per unit) and Thailand ($20 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pneumatic Linear Acting Actuator in the Philippines (FOB) - 2022

In 2022, the average pneumatic linear acting actuator export price amounted to $27 per unit, reducing by -9.1% against the previous year. Overall, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 14%. Over the period under review, the average export prices attained the maximum at $106 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($27 per unit) and Germany ($27 per unit), while the average price for exports to Japan ($27 per unit) and Singapore ($27 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Pneumatic Linear Acting Actuator in the Philippines

In 2022, the amount of pneumatic linear acting actuators imported into the Philippines shrank dramatically to 186K units, with a decrease of -34.4% compared with 2021. In general, imports saw a significant contraction. The smallest decline of -10.4% was in 2021. Over the period under review, imports hit record highs at 381K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator imports reduced markedly to $3.7M in 2022. Over the period under review, imports saw a dramatic slump. The smallest decline of -6.4% was in 2020. Imports peaked at $7.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Pneumatic Linear Acting Actuator in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	2,263	1,979	1,024	809	-29.0%
Japan	3,213	2,642	2,284	755	-38.3%
Germany	424	239	475	442	1.4%
Malaysia	23.4	160	228	374	151.9%
China	416	532	578	349	-5.7%
United States	273	185	349	203	-9.4%
Thailand	29.9	80.1	113	160	74.9%
Italy	123	207	105	70.3	-17.0%
Taiwan (Chinese)	115	138	78.5	52.8	-22.9%
Others	263	524	342	437	18.4%
Total	7,145	6,687	5,576	3,650	-20.1%

Top Suppliers of Pneumatic Linear Acting Actuator to the Philippines in 2022:

Singapore (41.3K units)
Japan (38.5K units)
Germany (22.6K units)
Malaysia (19.1K units)
China (17.8K units)
United States (10.4K units)
Thailand (8.2K units)
Italy (3.6K units)
Taiwan (Chinese) (2.7K units)

Exports of Pneumatic Linear Acting Actuator in the Philippines

After three years of growth, overseas shipments of pneumatic linear acting actuators decreased by -55% to 1.4K units in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 125% against the previous year. Over the period under review, the exports reached the maximum at 3.2K units in 2021, and then dropped significantly in the following year.

In value terms, pneumatic linear acting actuator exports fell markedly to $38K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 140%. As a result, the exports attained the peak of $94K, and then declined remarkably in the following year.

Export of Pneumatic Linear Acting Actuator in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	0.7	N/A	49.0	32.6	259.8%
Germany	1.4	N/A	0.1	4.8	50.8%
Taiwan (Chinese)	13.4	N/A	0.2	0.9	-59.4%
Japan	N/A	34.9	28.5	0.2	-92.4%
United Arab Emirates	N/A	N/A	16.1	N/A	0%
Others	1.1	4.2	0.2	N/A	-57.4%
Total	16.6	39.1	94.1	38.5	32.4%

Top Export Markets for Pneumatic Linear Acting Actuator from the Philippines in 2022:

Singapore (1228.0 units)
Germany (181.0 units)
Taiwan (Chinese) (33.0 units)
Japan (6.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pneumatic linear acting actuator 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 28121180 - Pneumatic linear acting actuators (including cylinders)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023