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Philippines - Network Communications Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNetwork Communications Equipment Price in the Philippines - 2023
Contents:
- Network Communications Equipment Price in the Philippines (FOB) - 2022
- Network Communications Equipment Price in the Philippines (CIF) - 2022
- Network Communications Equipment Exports in the Philippines
- Network Communications Equipment Imports in the Philippines
Network Communications Equipment Price in the Philippines (FOB) - 2022
In 2022, the average network communications equipment export price amounted to $210 per unit, approximately mirroring the previous year. In general, the export price, however, saw a notable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 89%. As a result, the export price reached the peak level of $213 per unit, and then contracted modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($302 per unit), while the average price for exports to the United States ($109 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 Japan (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Network Communications Equipment Price in the Philippines (CIF) - 2022
The average network communications equipment import price stood at $42 per unit in 2022, declining by -11% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 80%. The import price peaked at $136 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($192 per unit), while the price for Hong Kong SAR ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.9%), while the prices for the other major suppliers experienced a decline.
Network Communications Equipment Exports in the Philippines
In 2022, the amount of network communications equipment exported from the Philippines dropped sharply to 97K units, shrinking by -42.5% against 2021. Overall, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 1.5% against the previous year. The exports peaked at 458K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, network communications equipment exports declined remarkably to $20M in 2022. Over the period under review, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. The exports peaked at $47M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Network Communications Equipment in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 0.3 | 1.8 | 19.0 | 8.2 | 201.2% |
South Korea | 9.9 | 0.1 | 3.0 | 5.5 | -17.8% |
United States | 26.7 | 13.9 | 2.7 | 5.1 | -42.4% |
Taiwan (Chinese) | 3.7 | 1.7 | 2.1 | N/A | -24.7% |
Others | 6.7 | 1.4 | 9.3 | 1.7 | -36.7% |
Total | 47.3 | 18.8 | 36.1 | 20.5 | -24.3% |
Top Export Markets for Network Communications Equipment from the Philippines in 2022:
- United States (47.3K units)
- Hong Kong SAR (27.6K units)
- South Korea (19.5K units)
Network Communications Equipment Imports in the Philippines
In 2022, supplies from abroad of network communications equipment was finally on the rise to reach 426K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt contraction. Imports peaked at 735K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, network communications equipment imports dropped modestly to $18M in 2022. In general, imports, however, recorded a slight decline. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Network Communications Equipment in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.8 | 2.9 | 3.1 | 5.3 | 23.7% |
United States | 3.1 | 4.6 | 3.6 | 2.3 | -9.5% |
Singapore | 1.2 | 3.5 | 2.6 | 2.2 | 22.4% |
Taiwan (Chinese) | 0.8 | 0.8 | 0.8 | 1.7 | 28.6% |
Hong Kong SAR | 5.3 | 1.4 | 2.2 | 1.0 | -42.6% |
Japan | 1.8 | 0.4 | 0.3 | 0.5 | -34.8% |
Others | 3.3 | 4.5 | 5.3 | 4.8 | 13.3% |
Total | 18.3 | 18.1 | 17.8 | 17.7 | -1.1% |
Top Suppliers of Network Communications Equipment to the Philippines in 2022:
- China (214.2K units)
- Taiwan (Chinese) (81.0K units)
- Hong Kong SAR (68.2K units)
- United States (18.3K units)
- Singapore (11.5K units)
- Japan (10.4K units)
This report provides an in-depth analysis of the network communications equipment 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 26122000 - Network communications equipment (e.g. hubs, routers, g ateways) for LANs and WANs and sound, video, network and similar cards for automatic data processing machines
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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