Philippines - Universal Ac/Dc Motors Of An Output Exceeding 37.5 W; Other Ac Motors; Ac Generators (Alternators) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Philippines - Universal Ac/Dc Motors Of An Output Exceeding 37.5 W; Other Ac Motors; Ac Generators (Alternators) - Market Analysis, Forecast, Size, Trends and Insights

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AC/DC Motor Price in the Philippines - 2023

Contents:

  1. AC/DC Motor Price in the Philippines (CIF) - 2022
  2. AC/DC Motor Price in the Philippines (FOB) - 2022
  3. AC/DC Motor Imports in the Philippines
  4. AC/DC Motor Exports in the Philippines

AC/DC Motor Price in the Philippines (CIF) - 2022

The average AC/DC motor import price stood at $36 per unit in 2022, with an increase of 48% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The import price peaked at $61 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($101 per unit), while the price for Vietnam ($24 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.7%), while the prices for the other major suppliers experienced a decline.

AC/DC Motor Price in the Philippines (FOB) - 2022

In 2022, the average AC/DC motor export price amounted to $75 per unit, with a decrease of -68.9% against the previous year. In general, the export price continues to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 158% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,879 per unit in 2012; however, from 2013 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 China ($261 per unit), while the average price for exports to Poland ($8.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-23.2%), while the prices for the other major destinations experienced a decline.

AC/DC Motor Imports in the Philippines

AC/DC motor imports into the Philippines reduced notably to 2.7M units in 2022, with a decrease of -22% compared with the previous year. Over the period under review, imports saw a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports reached the peak of 3.4M units, and then shrank markedly in the following year.

In value terms, AC/DC motor imports skyrocketed to $98M in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of AC/DC Motor in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.730.237.055.723.3%
Taiwan (Chinese)5.64.710.86.34.0%
Japan5.93.83.75.4-2.9%
Vietnam3.61.91.61.8-20.6%
Thailand1.10.87.21.22.9%
Hong Kong SAR1.92.20.70.7-28.3%
Others26.129.324.026.91.0%
Total73.972.885.098.09.9%

Top Suppliers of AC/DC Motor to the Philippines in 2022:

  1. China (2294.4K units)
  2. Taiwan (Chinese) (130.1K units)
  3. Vietnam (77.5K units)
  4. Japan (53.4K units)
  5. Thailand (20.4K units)
  6. Hong Kong SAR (17.7K units)

AC/DC Motor Exports in the Philippines

In 2022, the amount of AC/DC motors exported from the Philippines skyrocketed to 1.3M units, jumping by 473% on 2021 figures. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,050%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, AC/DC motor exports soared to $95M in 2022. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 108% against the previous year. As a result, the exports attained the peak of $123M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of AC/DC Motor in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.285.919.437.615.8%
United States25.219.818.918.4-10.0%
MalaysiaN/AN/A1.514.5866.7%
Japan8.910.77.26.0-12.3%
Hong Kong SARN/A5.20.94.4-8.0%
Mexico0.40.10.22.891.3%
ThailandN/A0.10.51.9335.9%
PolandN/AN/A0.11.41300.0%
Others0.30.74.57.6193.7%
Total58.912353.394.817.2%

Top Export Markets for AC/DC Motor from the Philippines in 2022:

  1. Malaysia (508.1K units)
  2. Mexico (263.6K units)
  3. Poland (163.4K units)
  4. China (144.0K units)
  5. United States (80.2K units)
  6. Hong Kong SAR (42.6K units)
  7. Thailand (21.7K units)
  8. Japan (16.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ac/dc motor 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 27112100 - Universal AC/DC motors of an output > .37,5 W
  • Prodcom 27112230 - Single-phase AC motors of an output . .750 W
  • Prodcom 27112250 - Single-phase AC motors of an output > .750 W
  • Prodcom 27112300 - Multi-phase AC motors of an output . .750 W
  • Prodcom 27112403 - Multi-phase AC motors of an output > 0,75 kW but . 7,5 kW
  • Prodcom 27112405 - Multi-phase AC motors of an output > 7,5 kW but . .37 kW
  • Prodcom 27112407 - Multi-phase AC motors of an output > .37 kW but . .75 kW
  • Prodcom 27112530 - Multi-phase AC traction motors of an output > .75 kW
  • Prodcom 27112540 - Multi-phase AC motors of an output > .75 kW but . .375 kW (excluding traction motors)
  • Prodcom 27112560 - Multi-phase AC motors of an output > .375 kW but . .750 kW (excluding traction motors)
  • Prodcom 27112590 - Multi-phase AC motors of an output > .750 kW (excluding traction motors)
  • Prodcom 27112610 - Alternators of an output . .75 kVA
  • Prodcom 27112630 - Alternators of an output > .75 kVA but . .375 kVA
  • Prodcom 27112650 - Alternators > .375 kVA but . .750 kVA
  • Prodcom 27112670 - Alternators of an output > .750 kVA

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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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