Philippines - Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines - 2023
Contents:
- Price for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines (CIF) - 2022
- Price for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines (FOB) - 2022
- Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines
- Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines
Price for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines (CIF) - 2022
In 2022, the average import price for iron or steel gas domestic cooking appliances and plate warmers amounted to $19 per unit, which is down by -32.5% against the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 1,048% against the previous year. Over the period under review, average import prices hit record highs at $55 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($17 per unit), while the price for Vietnam amounted to $17 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.1%).
Price for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines (FOB) - 2022
In 2022, the average export price for iron or steel gas domestic cooking appliances and plate warmers amounted to $67 per unit, dropping by -38.4% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 34%. As a result, the export price attained the peak level of $176 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,197 per unit), while the average price for exports to Turkey ($5.9 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 Lebanon (+15.3%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines
For the fourth year in a row, the Philippines recorded growth in overseas purchases of iron or steel gas domestic cooking appliances and plate warmers, which increased by 9.5% to 1.9M units in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 83% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers shrank dramatically to $36M in 2022. Overall, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. As a result, imports attained the peak of $49M, and then contracted dramatically in the following year.
Import of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 24.1 | 25.4 | 40.2 | 30.6 | 8.3% |
Vietnam | 0.3 | 0.5 | 0.6 | 1.2 | 58.7% |
Others | 7.4 | 4.0 | 8.5 | 4.7 | -14.0% |
Total | 31.8 | 30.0 | 49.3 | 36.4 | 4.6% |
Top Suppliers of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers to the Philippines in 2022:
- China (1773.7K units)
- Vietnam (70.6K units)
Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines
In 2022, approx. 86 units of iron or steel gas domestic cooking appliances and plate warmers were exported from the Philippines; with a decrease of -37.2% on 2021 figures. Over the period under review, exports continue to indicate a sharp downturn. The smallest decline of -20.5% was in 2020. The exports peaked at 219 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers contracted remarkably to $5.8K in 2022. Overall, exports saw a dramatic decline. The smallest decline of -37.8% was in 2020. The exports peaked at $39K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | N/A | 4.8 | 0% |
Brunei Darussalam | N/A | N/A | N/A | 0.5 | 0% |
Turkey | N/A | N/A | 0.4 | 0.2 | -50.0% |
Indonesia | 24.3 | N/A | N/A | 0.2 | -79.8% |
Thailand | 0.3 | 23.7 | 2.9 | N/A | 210.9% |
France | N/A | N/A | 0.7 | N/A | 0% |
United Arab Emirates | 2.2 | N/A | N/A | N/A | 0% |
Canada | N/A | N/A | 2.8 | N/A | 0% |
Bahrain | N/A | N/A | 7.3 | N/A | 0% |
Others | 11.9 | 0.3 | 0.8 | N/A | -74.1% |
Total | 38.6 | 24.0 | 14.9 | 5.8 | -46.8% |
Top Export Markets for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers from the Philippines in 2022:
- Turkey (40.0 units)
- United Kingdom (4.0 units)
- Indonesia (2.0 units)
- Brunei Darussalam (2.0 units)
This report provides an in-depth analysis of the market for iron or steel gas domestic cooking appliances and plate warmers 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 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)
- Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)
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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Explore the top import markets for iron or steel gas domestic cooking appliances and plate warmers. Get key statistics and data on the world's leading importers of these essential kitchen appliances.
Explore the top import markets for non-electric cooking appliances around the world. Discover key statistics and import values of leading countries.
In 2016, the global home appliance imports stood at X tons, coming up by X% against the previous year level. In general, home appliance imports continue to indicate a relatively flat trend patter...
In 2016, the global home appliance imports stood at X tons, coming up by X% against the previous year level. In general, home appliance imports continue to indicate a relatively flat trend patter...
China dominates in the global trade of domestic, non-electric, cooking or heating appliances. In 2014, China exported X thousand tons of domestic, non-electric, cooking or heating appliances totaling X billion USD, X% over the previous year. Its
Explore the top import markets for iron or steel gas domestic cooking appliances and plate warmers. Get key statistics and data on the world's leading importers of these essential kitchen appliances.
Explore the top import markets for non-electric cooking appliances around the world. Discover key statistics and import values of leading countries.
In 2016, the global home appliance imports stood at X tons, coming up by X% against the previous year level. In general, home appliance imports continue to indicate a relatively flat trend patter...
In 2016, the global home appliance imports stood at X tons, coming up by X% against the previous year level. In general, home appliance imports continue to indicate a relatively flat trend patter...
China dominates in the global trade of domestic, non-electric, cooking or heating appliances. In 2014, China exported X thousand tons of domestic, non-electric, cooking or heating appliances totaling X billion USD, X% over the previous year. Its