Duplicating Machines Price in the Philippines - 2022

Contents:

  1. Duplicating Machines Price in the Philippines (CIF) - 2022
  2. Duplicating Machines Price in the Philippines (FOB) - 2022
  3. Duplicating Machines Imports in the Philippines
  4. Duplicating Machines Exports in the Philippines

Duplicating Machines Price in the Philippines (CIF) - 2022

The average duplicating machines import price stood at $1,649 per unit in 2022, with an increase of 16% against the previous year. Overall, the import price recorded a temperate expansion. The growth pace was the most rapid in 2021 an increase of 98%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,967 per unit), while the price for Taiwan (Chinese) ($72 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Duplicating Machines Price in the Philippines (FOB) - 2022

In 2022, the average duplicating machines export price amounted to $862 per unit, falling by -13.1% against the previous year. In general, the export price, however, recorded a prominent increase. The growth pace was the most rapid in 2013 an increase of 70%. The export price peaked at $1,434 per unit in 2019; however, from 2020 to 2022, the export prices remained at a 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 France ($16,631 per unit), while the average price for exports to Palau ($88 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 Brunei Darussalam (+238.6%), while the prices for the other major destinations experienced more modest paces of growth.

Duplicating Machines Imports in the Philippines

In 2022, purchases abroad of duplicating machineses decreased by -66.1% to 331 units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a significant decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 41% against the previous year. As a result, imports reached the peak of 2.4K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, duplicating machines imports fell remarkably to $546K in 2022. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 68%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Duplicating Machines in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1953393312051.7%
China259436646166-13.8%
Japan29354789.188.3-33.0%
Hong Kong SAR14822419145.2-32.7%
Australia28.648.846.912.5-24.1%
Canada16.230.632.79.7-15.7%
Singapore20.721.48.15.0-37.7%
United States23.84.00.73.4-47.7%
Taiwan (Chinese)0.51.73.02.877.6%
Others21.934.631.98.2-27.9%
Total1,0061,6871,381546-18.4%

Top Suppliers of Duplicating Machines to the Philippines in 2022:

  1. Thailand (110.0 units)
  2. Japan (44.0 units)
  3. China (42.0 units)
  4. Taiwan (Chinese) (38.0 units)
  5. Hong Kong SAR (24.0 units)
  6. Australia (21.0 units)
  7. Canada (18.0 units)
  8. United States (15.0 units)
  9. Singapore (10.0 units)

Duplicating Machines Exports in the Philippines

In 2022, approx. 10 units of duplicating machineses were exported from the Philippines; surging by 25% compared with 2021 figures. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, duplicating machines exports rose slightly to $8.2K in 2022. Overall, exports, however, showed a deep contraction. The exports peaked at $13K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Duplicating Machines in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.05.85.25.320.9%
France2.22.22.02.1-1.5%
Palau0.60.70.70.75.3%
United States7.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total12.98.67.98.2-14.0%

Top Export Markets for Duplicating Machines from the Philippines in 2022:

  1. Palau (8.0 units)
  2. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

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