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Philippines - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMeasuring Instrument Price in the Philippines - 2023
Contents:
- Measuring Instrument Price in the Philippines (FOB) - 2022
- Measuring Instrument Price in the Philippines (CIF) - 2022
- Measuring Instrument Exports in the Philippines
- Measuring Instrument Imports in the Philippines
Measuring Instrument Price in the Philippines (FOB) - 2022
The average measuring instrument export price stood at $8.3 per unit in 2022, with a decrease of -4.6% against the previous year. Over the period under review, the export price continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73%. The export price peaked at $78 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($28 per unit), while the average price for exports to Brazil ($1.1 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 Malaysia (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Measuring Instrument Price in the Philippines (CIF) - 2022
The average measuring instrument import price stood at $100 per unit in 2022, declining by -9.3% against the previous year. In general, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23%. The import price peaked at $157 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 France ($294 per unit), while the price for Taiwan (Chinese) ($40 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Measuring Instrument Exports in the Philippines
In 2022, measuring instrument exports from the Philippines surged to 3.3M units, with an increase of 68% on 2021. Over the period under review, exports recorded moderate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, measuring instrument exports surged to $27M in 2022. Overall, total exports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Measuring Instrument in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 18.3 | 9.4 | 12.9 | 19.2 | 1.6% |
South Korea | N/A | 0.7 | 1.7 | 2.6 | 92.7% |
Malaysia | N/A | N/A | N/A | 2.5 | 0% |
India | 0.2 | 0.2 | 0.9 | 1.6 | 100.0% |
Brazil | N/A | N/A | N/A | 0.4 | 0% |
Indonesia | 6.7 | 3.9 | 0.4 | N/A | -75.6% |
Others | 0.3 | 1.0 | 0.9 | 0.8 | 38.7% |
Total | 25.5 | 15.3 | 16.9 | 27.0 | 1.9% |
Top Export Markets for Measuring Instrument from the Philippines in 2022:
- Thailand (1739.4K units)
- India (869.9K units)
- Brazil (350.3K units)
- South Korea (202.8K units)
- Malaysia (89.4K units)
Measuring Instrument Imports in the Philippines
Measuring instrument imports into the Philippines was estimated at 165K units in 2022, with an increase of 8.2% on 2021 figures. In general, imports, however, showed a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 29%. Over the period under review, imports reached the maximum at 180K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, measuring instrument imports fell modestly to $16M in 2022. Overall, imports, however, continue to indicate a slight descent. The growth pace was the most rapid in 2021 with an increase of 41%. Over the period under review, imports reached the maximum at $17M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Measuring Instrument in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2.2 | 2.2 | 3.8 | 3.6 | 17.8% |
China | 2.8 | 1.9 | 1.7 | 2.6 | -2.4% |
South Korea | 0.6 | 0.7 | 2.2 | 2.1 | 51.8% |
United States | 2.3 | 1.5 | 1.3 | 1.7 | -9.6% |
France | 0.6 | 0.4 | 0.6 | 1.2 | 26.0% |
Germany | 1.6 | 1.4 | 1.2 | 1.2 | -9.1% |
Singapore | 2.0 | 1.2 | 0.7 | 0.6 | -33.1% |
Taiwan (Chinese) | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
Italy | 1.0 | 0.3 | 0.6 | 0.2 | -41.5% |
India | 0.4 | 0.1 | 0.4 | 0.2 | -20.6% |
Thailand | 0.7 | 0.2 | 0.1 | 0.1 | -47.7% |
Others | 2.5 | 1.7 | 3.8 | 2.5 | 0.0% |
Total | 17.0 | 11.8 | 16.7 | 16.4 | -1.2% |
Top Suppliers of Measuring Instrument to the Philippines in 2022:
- China (56.5K units)
- Japan (42.4K units)
- South Korea (20.3K units)
- Taiwan (Chinese) (10.6K units)
- United States (7.5K units)
- France (4.2K units)
- Singapore (3.5K units)
- Germany (3.2K units)
- India (2.5K units)
- Italy (2.1K units)
- Thailand (1.5K units)
This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
- Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
- Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
- Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids
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
-
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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