Philippines - Flat Panel Video Monitor, Lcd Or Plasma - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLCDs and Plasmas Price in the Philippines - 2023
Contents:
- LCDs and Plasmas Price in the Philippines (CIF) - 2022
- LCDs and Plasmas Price in the Philippines (FOB) - 2023
- LCDs and Plasmas Imports in the Philippines
- LCDs and Plasmas Exports in the Philippines
LCDs and Plasmas Price in the Philippines (CIF) - 2022
In 2022, the average LCDs and plasmas import price amounted to $218 per unit, surging by 13% against the previous year. Over the last five-year period, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $252 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
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 Indonesia ($796 per unit), while the price for Hong Kong SAR ($103 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+68.3%), while the prices for the other major suppliers experienced more modest paces of growth.
LCDs and Plasmas Price in the Philippines (FOB) - 2023
In July 2023, the average LCDs and plasmas export price amounted to $348 per unit, surging by 27% against the previous month. Overall, the export price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 84% m-o-m. As a result, the export price attained the peak level of $1,045 per unit. From January 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was South Korea ($700 per unit), while the average price for exports to Germany ($214 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
LCDs and Plasmas Imports in the Philippines
In 2022, imports of flat panel video monitor, lcd or plasma into the Philippines fell sharply to 87K units, shrinking by -21.1% against the year before. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, imports attained the peak figure at 129K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, LCDs and plasmas imports reduced to $19M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Over the period under review, imports reached the maximum at $32M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of LCDs and Plasmas in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 15.5 | 9.5 | 5.6 | 10.3 | -12.7% |
Indonesia | N/A | N/A | 0.2 | 1.9 | 850.0% |
Thailand | 0.5 | 0.1 | 1.6 | 1.5 | 44.2% |
Taiwan (Chinese) | 1.7 | 1.4 | 2.3 | 1.1 | -13.5% |
Japan | 0.9 | 0.2 | 0.1 | 0.8 | -3.9% |
Hong Kong SAR | 0.2 | 0.5 | 1.3 | 0.6 | 44.2% |
Singapore | 10.3 | 5.7 | 8.7 | 0.3 | -69.2% |
Others | 3.3 | 1.3 | 1.4 | 2.6 | -7.6% |
Total | 32.5 | 18.7 | 21.3 | 19.0 | -16.4% |
Top Suppliers of LCDs and Plasmas to the Philippines in 2022:
- China (54.5K units)
- Japan (7.8K units)
- Thailand (7.0K units)
- Hong Kong SAR (6.1K units)
- Taiwan (Chinese) (2.7K units)
- Indonesia (2.3K units)
- Singapore (1.7K units)
LCDs and Plasmas Exports in the Philippines
LCDs and plasmas exports from the Philippines skyrocketed to 27K units in 2022, rising by 183% against 2021. Over the period under review, exports saw resilient growth. Over the period under review, the exports reached the maximum at 30K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, LCDs and plasmas exports soared to $22M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of LCDs and Plasmas in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 197 | 592 | 376 | 12,787 | 301.9% |
Japan | 2,249 | 571 | 579 | 2,130 | -1.8% |
Brazil | 0.5 | 1.1 | N/A | 1,293 | 1272.6% |
Mexico | 3,750 | 6,494 | 3,157 | 1,249 | -30.7% |
Germany | 19.5 | 113 | 11.2 | 1,008 | 272.5% |
Malaysia | 21.6 | 62.1 | 142 | 433 | 171.7% |
Chile | 0.3 | 2.3 | N/A | 432 | 1029.2% |
Taiwan (Chinese) | 19.8 | 498 | 370 | 320 | 152.8% |
Argentina | 0.3 | 5.0 | 0.2 | 261 | 854.6% |
Thailand | 950 | 126 | 60.1 | 248 | -36.1% |
Peru | 0.9 | N/A | N/A | 182 | 487.0% |
Colombia | N/A | N/A | N/A | 155 | 0% |
Others | 528 | 2,557 | 2,767 | 1,078 | 26.9% |
Total | 7,736 | 11,023 | 7,462 | 21,576 | 40.8% |
Top Export Markets for LCDs and Plasmas from the Philippines in 2022:
- United States (11.0K units)
- Mexico (4.2K units)
- Japan (3.5K units)
- Germany (1.4K units)
- Chile (1.3K units)
- Taiwan (Chinese) (1.0K units)
- Argentina (0.9K units)
- Thailand (0.8K units)
- Brazil (0.6K units)
- Peru (0.5K units)
- Malaysia (0.5K units)
- Colombia (0.5K units)
This report provides an in-depth analysis of the lcds and plasmas 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 26403460 - Flat panel video monitor, LCD or plasma, etc., without tuner (colour video monitors) (excluding with cathode-ray tube)
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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