Price for Surveying Equipment; Theodolites and Tacheometers in the Philippines - 2023

Contents:

  1. Price for Surveying Equipment; Theodolites and Tacheometers in the Philippines (CIF) - 2022
  2. Price for Surveying Equipment; Theodolites and Tacheometers in the Philippines (FOB) - 2022
  3. Imports of Surveying Equipment; Theodolites and Tacheometers in the Philippines
  4. Exports of Surveying Equipment; Theodolites and Tacheometers in the Philippines

Price for Surveying Equipment; Theodolites and Tacheometers in the Philippines (CIF) - 2022

In 2022, the average import price for surveying equipment; theodolites and tacheometerses amounted to $271 per unit, reducing by -11.9% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 32% against the previous year. Over the period under review, average import prices reached the maximum at $1,033 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($1,008 per unit), while the price for India ($63 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Surveying Equipment; Theodolites and Tacheometers in the Philippines (FOB) - 2022

In 2022, the average export price for surveying equipment; theodolites and tacheometerses amounted to $6,075 per unit, which is down by -2.5% against the previous year. Overall, the export price recorded a slight shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 363%. Over the period under review, the average export prices attained the maximum at $16,641 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,501 per unit), while the average price for exports to Malaysia stood at $1,069 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+1,341.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Surveying Equipment; Theodolites and Tacheometers in the Philippines

In 2022, surveying equipment; theodolites and tacheometers imports into the Philippines reduced to 913 units, with a decrease of -11% against the year before. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of 1K units, and then shrank in the following year.

In value terms, surveying equipment; theodolites and tacheometers imports contracted significantly to $248K in 2022. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. As a result, imports attained the peak of $383K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Surveying Equipment; Theodolites and Tacheometers in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.713.886.973.9372.6%
United States10815614.639.7-28.4%
Singapore20.822.835.330.013.0%
Thailand6.49.630.826.260.0%
China32.326.628.524.2-9.2%
Denmark30.628.214.312.2-26.4%
Hong Kong SAR10.53.511.910.1-1.3%
Italy32.411.48.98.2-36.7%
India4.65.02.92.9-14.3%
Malaysia2.23.40.12.1-1.5%
Others64.010381.618.2-34.2%
Total312383316248-7.4%

Top Suppliers of Surveying Equipment; Theodolites and Tacheometers to the Philippines in 2022:

  1. Thailand (259.0 units)
  2. Switzerland (205.0 units)
  3. Hong Kong SAR (125.0 units)
  4. United States (73.0 units)
  5. China (70.0 units)
  6. Singapore (57.0 units)
  7. India (47.0 units)
  8. Malaysia (24.0 units)
  9. Denmark (12.0 units)
  10. Italy (11.0 units)

Exports of Surveying Equipment; Theodolites and Tacheometers in the Philippines

In 2022, overseas shipments of surveying equipment; theodolites and tacheometerses decreased by 0% to 6 units, falling for the second consecutive year after two years of growth. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 400% against the previous year. As a result, the exports reached the peak of 10 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, surveying equipment; theodolites and tacheometers exports reduced modestly to $37K in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 2.2% against the previous year. Over the period under review, the exports hit record highs at $37K in 2021, and then dropped in the following year.

Export of Surveying Equipment; Theodolites and Tacheometers in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.124.58.113.849.9%
Vietnam10.2N/AN/AN/A0%
Others21.512.129.223.22.6%
Total35.836.637.437.01.1%

Top Export Markets for Surveying Equipment; Theodolites and Tacheometers from the Philippines in 2022:

  1. India (6.0 units)

Source: IndexBox Market Intelligence Platform

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