Price for Floating or Submersible Drilling or Production Platforms in the Philippines - 2022

Contents:

1. Price for Floating or Submersible Drilling or Production Platforms in the Philippines (CIF) - 2022
2. Imports of Floating or Submersible Drilling or Production Platforms in the Philippines

Price for Floating or Submersible Drilling or Production Platforms in the Philippines (CIF) - 2022

The average import price for floating or submersible drilling or production platformses stood at $15,739 per unit in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 a decrease of -31.9%. Over the period under review, average import prices attained the peak figure at $43,169 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -10.9% per year.

Imports of Floating or Submersible Drilling or Production Platforms in the Philippines

In 2022, imports of floating or submersible drilling or production platformses into the Philippines totaled 1 units, remaining constant against the previous year's figure. Over the period under review, imports showed a sharp decline. The smallest decline of -96.2% was in 2020. Imports peaked at 26 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of floating or submersible drilling or production platformses totaled $16K in 2022. In general, imports showed a sharp decrease. The smallest decline of -97.9% was in 2020. Imports peaked at $370K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Floating or Submersible Drilling or Production Platforms to the Philippines in 2022:

1. China (1.0 units)

Source: IndexBox Market Intelligence Platform