Philippines - Parachutes And Rotochutes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingParachute Price in the Philippines - 2023
Contents:
- Parachute Price in the Philippines (CIF) - 2022
- Parachute Price in the Philippines (FOB) - 2022
- Parachute Imports in the Philippines
- Parachute Exports in the Philippines
Parachute Price in the Philippines (CIF) - 2022
The average parachute import price stood at $326,533 per ton in 2022, which is down by -10% against the previous year. In general, the import price, however, showed a perceptible increase. The pace of growth was the most pronounced in 2021 an increase of 40% against the previous year. As a result, import price reached the peak level of $362,782 per ton, and then declined in the following year.
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 Germany ($613,075 per ton), while the price for Australia ($29,513 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+65.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Parachute Price in the Philippines (FOB) - 2022
In 2022, the average parachute export price amounted to $66,324 per ton, surging by 47% against the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2018 an increase of 96%. The export price peaked at $116,623 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($371,419 per ton), while the average price for exports to Portugal ($51,542 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+11.6%), while the prices for the other major destinations experienced mixed trend patterns.
Parachute Imports in the Philippines
In 2022, purchases abroad of parachutes and rotochutes decreased by -84% to 464 kg, falling for the second consecutive year after two years of growth. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 11,622% against the previous year. As a result, imports reached the peak of 17 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, parachute imports contracted rapidly to $151K in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 14,401%. As a result, imports reached the peak of $4.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Parachute in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 5.9 | 112 | 65.2 | 46.0 | 98.3% |
China | 3.5 | 21.5 | 24.0 | 19.3 | 76.7% |
Germany | 1.4 | 14.3 | 23.4 | 16.1 | 125.7% |
Taiwan (Chinese) | 2.2 | 14.1 | 16.1 | 13.3 | 82.2% |
Vietnam | 7.2 | 18.0 | 1.8 | 12.6 | 20.5% |
Japan | 2.2 | 13.4 | 15.1 | 11.9 | 75.5% |
Hong Kong SAR | 0.7 | 1.4 | 8.0 | 5.5 | 98.8% |
United States | 0.5 | 3.8 | 4.9 | 3.4 | 89.5% |
Australia | 0.4 | 1.7 | 1.5 | 0.9 | 31.0% |
South Africa | N/A | 4,161 | 847 | N/A | -79.6% |
Others | 6.4 | 24.2 | 45.0 | 22.4 | 51.8% |
Total | 30.2 | 4,386 | 1,052 | 151 | 71.0% |
Top Suppliers of Parachute to the Philippines in 2022:
- South Korea (104.0 kg)
- Japan (75.0 kg)
- China (47.0 kg)
- Taiwan (Chinese) (38.0 kg)
- Hong Kong SAR (33.0 kg)
- Australia (32.0 kg)
- Germany (26.0 kg)
- Vietnam (25.0 kg)
- United States (23.0 kg)
Parachute Exports in the Philippines
In 2022, approx. 74 kg of parachutes and rotochutes were exported from the Philippines; jumping by 30% on the previous year's figure. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. As a result, the exports attained the peak of 92 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, parachute exports surged to $4.9K in 2022. Overall, exports saw a remarkable increase.
Export of Parachute in the Philippines (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 466 | 2,225 | 1,239 | 2,472 | 74.4% |
Portugal | 65.0 | 1,309 | 495 | 991 | 148.0% |
South Africa | N/A | N/A | N/A | 761 | 0% |
France | 60.0 | 612 | 342 | 684 | 125.1% |
Spain | N/A | 414 | N/A | N/A | 0% |
Chile | N/A | 2,579 | N/A | N/A | 0% |
Germany | 644 | N/A | N/A | N/A | 0% |
Singapore | 2,014 | N/A | N/A | N/A | 0% |
Bolivia | 443 | N/A | N/A | N/A | 0% |
Others | 338 | 107 | 494 | N/A | 20.9% |
Total | 4,030 | 7,246 | 2,570 | 4,908 | 6.8% |
Top Export Markets for Parachute from the Philippines in 2022:
- Austria (47.0 kg)
- Portugal (19.0 kg)
- France (6.0 kg)
- South Africa (2.0 kg)
This report provides an in-depth analysis of the parachute 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 13922300 - Parachutes and rotochutes, parts and accessories (including dirigible parachutes)
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
This report provides an in-depth analysis of the parachute market in the Philippines.
This report provides an in-depth analysis of the global parachute market.
This report provides an in-depth analysis of the parachute market in the Philippines.
This report provides an in-depth analysis of the global parachute market.
In value terms, parachutes imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable f...
In value terms, parachutes exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...
In value terms, parachutes imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable f...
In value terms, parachutes exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...