Liquid Elevators Price in the Philippines - 2023

Contents:

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

Liquid Elevators Price in the Philippines (CIF) - 2022

The average liquid elevators import price stood at $4,019 per unit in 2022, surging by 85% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquid elevators import price increased by +131.7% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($10,471 per unit), while the price for Mexico ($8.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquid Elevators Price in the Philippines (FOB) - 2022

The average liquid elevators export price stood at $815 per unit in 2022, dropping by -38% against the previous year. In general, the export price, however, recorded a notable expansion. The growth pace was the most rapid in 2018 an increase of 777%. As a result, the export price attained the peak level of $1,622 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Marshall Islands.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +137.0% per year.

Liquid Elevators Imports in the Philippines

In 2022, imports of liquid elevatorses into the Philippines contracted markedly to 224 units, shrinking by -80.4% against 2021. In general, imports faced a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 60%. Imports peaked at 2.8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, liquid elevators imports shrank rapidly to $900K in 2022. Overall, imports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, imports reached the maximum at $4.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Liquid Elevators to the Philippines in 2022:

1. China (80.0 units)
2. United States (52.0 units)
3. Singapore (23.0 units)
4. Netherlands (16.0 units)
5. Israel (10.0 units)
6. Mexico (10.0 units)
7. Italy (8.0 units)
8. Malaysia (8.0 units)
9. Japan (3.0 units)
10. Taiwan (Chinese) (1.0 units)

Liquid Elevators Exports in the Philippines

In 2022, overseas shipments of liquid elevatorses decreased by -95.5% to 1 units, falling for the second year in a row after two years of growth. In general, exports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 28%. As a result, the exports reached the peak of 23 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, liquid elevators exports fell sharply to $815 in 2022. Overall, exports saw a dramatic setback. The growth pace was the most rapid in 2020 when exports increased by 20%. Over the period under review, the exports reached the peak figure at $29K in 2021, and then dropped notably in the following year.

Top Export Markets for Liquid Elevators from the Philippines in 2022:

1. Marshall Islands (1.0 units)

Source: IndexBox Market Intelligence Platform