Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines - 2024
Contents:
- Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines (CIF) - 2022
- Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines (FOB) - 2022
- Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines
- Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines
Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines (CIF) - 2022
In 2022, the average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $142 thousand per unit, increasing by 38% against the previous year. In general, the import price saw significant growth. The growth pace was the most rapid in 2018 when the average import price increased by 1,037%. The import price peaked at $148 thousand per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($147 thousand per unit) and Taiwan (Chinese) ($146 thousand per unit), while the price for Spain ($143 thousand per unit) and Vietnam ($143 thousand per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+35.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines (FOB) - 2022
The average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $12 thousand per unit in 2022, with an increase of 108% against the previous year. In general, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($21 thousand per unit), while the average price for exports to South Africa ($1.9 thousand 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 Taiwan (Chinese) (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines
In 2022, approx. 1.4K units of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses were imported into the Philippines; with a decrease of -19.5% compared with 2021 figures. In general, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, imports attained the peak of 1.8K units, and then declined markedly in the following year.
In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $205M in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 32%. Imports peaked at $242M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 68.5 | 33.8 | 46.2 | 54.2 | -7.5% |
| Japan | 37.8 | 23.0 | 37.6 | 31.2 | -6.2% |
| United States | 30.9 | 17.8 | 17.5 | 21.1 | -11.9% |
| South Korea | 10.6 | 6.0 | 6.8 | 15.3 | 13.0% |
| Singapore | 14.0 | 11.8 | 10.9 | 13.1 | -2.2% |
| Germany | 10.1 | 5.8 | 7.7 | 9.4 | -2.4% |
| India | 14.7 | 7.1 | 9.7 | 7.4 | -20.5% |
| Taiwan (Chinese) | 5.7 | 4.2 | 8.2 | 7.0 | 7.1% |
| Italy | 6.9 | 5.7 | 5.7 | 6.7 | -1.0% |
| Australia | 4.6 | 4.1 | 7.3 | 6.4 | 11.6% |
| Spain | 2.8 | 0.5 | 1.2 | 5.0 | 21.3% |
| Vietnam | 2.2 | 1.1 | 6.0 | 4.7 | 28.8% |
| Netherlands | 1.7 | 2.4 | 0.9 | 3.8 | 30.8% |
| Others | 31.3 | 17.4 | 19.5 | 19.9 | -14.0% |
| Total | 242 | 141 | 185 | 205 | -5.4% |
Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to the Philippines in 2022:
- China (375.0 units)
- Japan (216.0 units)
- United States (146.0 units)
- South Korea (106.0 units)
- Singapore (90.0 units)
- Germany (65.0 units)
- India (51.0 units)
- Taiwan (Chinese) (48.0 units)
- Italy (46.0 units)
- Australia (44.0 units)
- Spain (35.0 units)
- Vietnam (33.0 units)
- Netherlands (26.0 units)
Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines
In 2022, shipments abroad of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses decreased by -41.1% to 1K units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, the exports attained the peak of 2.3K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses skyrocketed to $13M in 2022. In general, exports continue to indicate a noticeable decline. Over the period under review, the exports of attained the maximum at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4,480 | 3,444 | 5,685 | 5,500 | 7.1% |
| China | 97.0 | 75.9 | 126 | 1,314 | 138.4% |
| Singapore | 2,140 | 2,670 | 734 | 1,247 | -16.5% |
| Taiwan (Chinese) | 564 | 504 | 190 | 747 | 9.8% |
| Thailand | 2,308 | 2,076 | 730 | 712 | -32.4% |
| India | 21.7 | 4.4 | 13.1 | 598 | 202.1% |
| Indonesia | 677 | 198 | 345 | 481 | -10.8% |
| Germany | 39.7 | 49.4 | 38.3 | 436 | 122.3% |
| Malaysia | 453 | 58.4 | 266 | 250 | -18.0% |
| Vietnam | 662 | 204 | 130 | 244 | -28.3% |
| Australia | 1,054 | 650 | 303 | 226 | -40.1% |
| South Africa | N/A | 0.1 | 230 | 36.6 | 1813.1% |
| Egypt | N/A | N/A | 597 | 23.5 | -96.1% |
| Others | 2,093 | 751 | 860 | 732 | -29.5% |
| Total | 14,590 | 10,686 | 10,249 | 12,548 | -4.9% |
Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from the Philippines in 2022:
- Japan (425.0 units)
- China (102.0 units)
- Singapore (96.0 units)
- Germany (96.0 units)
- Thailand (55.0 units)
- India (51.0 units)
- Indonesia (37.0 units)
- Taiwan (Chinese) (35.0 units)
- Malaysia (21.0 units)
- South Africa (19.0 units)
- Vietnam (19.0 units)
- Australia (18.0 units)
- Egypt (1.0 units)
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