Philippines - Motor Vehicle Chassis Fitted with Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Motor Vehicle Chassis Fitted with Engines in the Philippines - 2023
Contents:
- Price for Motor Vehicle Chassis Fitted with Engines in the Philippines (CIF) - 2022
- Price for Motor Vehicle Chassis Fitted with Engines in the Philippines (FOB) - 2022
- Imports of Motor Vehicle Chassis Fitted with Engines in the Philippines
- Exports of Motor Vehicle Chassis Fitted with Engines in the Philippines
Price for Motor Vehicle Chassis Fitted with Engines in the Philippines (CIF) - 2022
The average import price for motor vehicle chassis fitted with engines stood at $460 per unit in 2022, with an increase of 93% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 167% against the previous year. As a result, import price reached the peak level of $1,209 per unit. From 2018 to 2022, the average 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 India ($5,273 per unit), while the price for Japan amounted to $167 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.3%).
Price for Motor Vehicle Chassis Fitted with Engines in the Philippines (FOB) - 2022
The average export price for motor vehicle chassis fitted with engines stood at $5,436 per unit in 2022, surging by 12% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth appeared the most rapid in 2020 an increase of 2,929%. As a result, the export price attained the peak level of $7,067 per unit. From 2021 to 2022, the average export prices remained at a somewhat 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 South Korea ($40,500 per unit), while the average price for exports to Japan ($2,711 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2,340.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Motor Vehicle Chassis Fitted with Engines in the Philippines
Imports of motor vehicle chassis fitted with engines into the Philippines totaled 96K units in 2022, growing by 12% compared with 2021. In general, imports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 96%. Over the period under review, imports of attained the peak figure at 256K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of motor vehicle chassis fitted with engines soared to $44M in 2022. Overall, imports, however, faced a drastic downturn. Imports peaked at $84M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Motor Vehicle Chassis Fitted with Engines in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 7.9 | 0.3 | 0.3 | 27.2 | 51.0% |
Japan | 57.9 | 10.7 | 14.0 | 14.8 | -36.5% |
Others | 18.4 | 6.8 | 6.1 | 2.1 | -51.5% |
Total | 84.1 | 17.8 | 20.4 | 44.1 | -19.4% |
Top Suppliers of Motor Vehicle Chassis Fitted with Engines to the Philippines in 2022:
- Japan (88.7K units)
- India (5.2K units)
Exports of Motor Vehicle Chassis Fitted with Engines in the Philippines
In 2022, exports of motor vehicle chassis fitted with engines from the Philippines soared to 36 units, with an increase of 500% compared with the year before. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 667%. As a result, the exports attained the peak of 46 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of motor vehicle chassis fitted with engines skyrocketed to $196K in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 23,121%. As a result, the exports attained the peak of $325K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Motor Vehicle Chassis Fitted with Engines in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | 2.2 | 0.4 | 112 | 613.5% |
South Korea | N/A | 0.1 | N/A | 81.0 | 2746.0% |
Japan | N/A | N/A | N/A | 2.7 | 0% |
Malaysia | 1.1 | 65.1 | 4.0 | N/A | 90.7% |
Singapore | 0.3 | 35.9 | 2.0 | N/A | 158.2% |
Canada | N/A | N/A | N/A | N/A | 0% |
Others | N/A | 222 | 22.8 | N/A | -89.7% |
Total | 1.4 | 325 | 29.1 | 196 | 419.2% |
Top Export Markets for Motor Vehicle Chassis Fitted with Engines from the Philippines in 2022:
- China (33.0 units)
- South Korea (2.0 units)
- Japan (1.0 units)
This report provides an in-depth analysis of the market for motor vehicle chassis fitted with engines 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 29104400 - Chassis fitted with engines, for tractors, motor cars and other motor vehicles principally designed for carrying people, goods vehicles and special purpose vehicles including for racing cars
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
This report provides an in-depth analysis of the market for motor vehicle chassis fitted with engines in the Philippines.
This report provides an in-depth analysis of the global market for motor vehicle chassis fitted with engines.
This report provides an in-depth analysis of the market for motor vehicle chassis fitted with engines in the Philippines.
This report provides an in-depth analysis of the global market for motor vehicle chassis fitted with engines.
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