Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines - 2022

Contents:

  1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines (CIF) - 2022
  2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines (FOB) - 2022
  3. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines
  4. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines (CIF) - 2022

In 2022, the average import price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $4,419,995 per unit, declining by -57% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 1,142%. The import price peaked at $10,277,441 per unit in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($13,967,782 per unit), while the price for Spain ($28,902 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+164.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines (FOB) - 2022

The average export price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $5,897,756 per unit in 2020, rising by 1,029,776% against the previous year. Overall, the export price showed a significant increase. The most prominent rate of growth was recorded in 2014 an increase of 2,897,689%. As a result, the export price reached the peak level of $17,386,735 per unit. From 2015 to 2020, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2020, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +306.5% per year.

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines

In 2022, supplies from abroad of vessels; other, including warships and lifeboats, other than rowing boatses decreased by -58.8% to 7 units, falling for the second consecutive year after two years of growth. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 233% against the previous year. As a result, imports reached the peak of 20 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses contracted notably to $31M in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 3,244% against the previous year. As a result, imports reached the peak of $179M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/AN/A27.90%
United StatesN/A0.10.11.5287.3%
China1.20.70.70.7-16.4%
Japan1.52.10.30.5-30.7%
Germany0.2N/AN/A0.314.5%
SpainN/AN/AN/AN/A0%
South KoreaN/A176173N/A-1.7%
VietnamN/AN/AN/AN/A0%
FranceN/AN/AN/AN/A0%
IndonesiaN/AN/AN/AN/A0%
South Africa0.2N/AN/AN/A0%
Taiwan (Chinese)2.2N/AN/AN/A0%
OthersN/A0.2N/AN/A0%
Total5.317917530.980.0%

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to the Philippines in 2022:

  1. Israel (2.0 units)
  2. United States (1.0 units)
  3. China (1.0 units)
  4. Germany (1.0 units)
  5. Japan (1.0 units)
  6. Spain (1.0 units)

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines

In 2020, exports of vessels; other, including warships and lifeboats, other than rowing boatses from the Philippines declined remarkably to 1 units, which is down by -66.7% against the previous year. In general, exports showed a significant contraction. Over the period under review, the exports of reached the maximum at 3 units in 2019, and then shrank markedly in the following year.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses skyrocketed to $5.9M in 2020. Overall, exports, however, enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the Philippines (Million USD)
COUNTRY20192020CAGR,
2019-2020
SingaporeN/A5.90%
United Arab EmiratesN/AN/A0%
OthersN/AN/A0%
TotalN/A5.90%

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from the Philippines in 2022:

  1. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform

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