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Philippines - Invalid Carriages Motorised Or Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotorised Invalid Carriage Price in the Philippines - 2023
Contents:
- Motorised Invalid Carriage Price in the Philippines (CIF) - 2022
- Motorised Invalid Carriage Price in the Philippines (FOB) - 2022
- Motorised Invalid Carriage Imports in the Philippines
- Motorised Invalid Carriage Exports in the Philippines
Motorised Invalid Carriage Price in the Philippines (CIF) - 2022
In 2022, the average motorised invalid carriage import price amounted to $19 per unit, waning by -49.3% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 65%. As a result, import price attained the peak level of $97 per unit. From 2017 to 2022, the average import prices remained 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 Japan ($52 per unit), while the price for China totaled $16 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-3.1%).
Motorised Invalid Carriage Price in the Philippines (FOB) - 2022
In 2022, the average motorised invalid carriage export price amounted to $216 per unit, dropping by -73.3% against the previous year. In general, the export price faced a deep setback. The growth pace was the most rapid in 2013 an increase of 113% against the previous year. As a result, the export price attained the peak level of $1,332 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,395 per unit), while the average price for exports to Micronesia totaled $141 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palau (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Motorised Invalid Carriage Imports in the Philippines
In 2022, the amount of invalid carriages motorised or mechanically propelled imported into the Philippines skyrocketed to 71K units, jumping by 227% compared with the previous year. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 339%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, motorised invalid carriage imports surged to $1.3M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 183%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Motorised Invalid Carriage in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 237 | 135 | 651 | 1,145 | 69.1% |
Japan | 96.5 | 11.4 | 7.0 | 12.4 | -49.5% |
Others | 316 | 134 | 134 | 159 | -20.5% |
Total | 649 | 280 | 792 | 1,316 | 26.6% |
Top Suppliers of Motorised Invalid Carriage to the Philippines in 2022:
- China (69.8K units)
- Japan (0.2K units)
Motorised Invalid Carriage Exports in the Philippines
In 2022, the amount of invalid carriages motorised or mechanically propelled exported from the Philippines soared to 67 units, with an increase of 570% against 2021. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorised invalid carriage exports skyrocketed to $14K in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 402% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
Export of Motorised Invalid Carriage in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Micronesia | N/A | N/A | N/A | 8.9 | 0% |
United States | N/A | N/A | N/A | 5.6 | 0% |
South Korea | 5.4 | 0.5 | 3.9 | N/A | -15.0% |
Palau | 2.0 | 1.0 | 3.6 | N/A | 34.2% |
Others | 0.5 | 0.2 | 0.5 | N/A | 0.0% |
Total | 7.9 | 1.6 | 8.0 | 14.5 | 22.4% |
Top Export Markets for Motorised Invalid Carriage from the Philippines in 2022:
- Micronesia (63.0 units)
- United States (4.0 units)
This report provides an in-depth analysis of the motorised invalid carriage 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 30922090 - Invalid carriages motorised or mechanically propelled
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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