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Philippines - Ships’ Or Boats’ Propellers And Blades Therefor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShip Propeller Price in the Philippines - 2023
Contents:
- Ship Propeller Price in the Philippines (FOB) - 2022
- Ship Propeller Price in the Philippines (CIF) - 2022
- Ship Propeller Exports in the Philippines
- Ship Propeller Imports in the Philippines
Ship Propeller Price in the Philippines (FOB) - 2022
In 2022, the average ship propeller export price amounted to $15 per unit, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2021 an increase of 18%. Over the period under review, the average export prices hit record highs at $37 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($57 per unit), while the average price for exports to the Netherlands ($4.4 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 France (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Ship Propeller Price in the Philippines (CIF) - 2022
The average ship propeller import price stood at $11 per unit in 2022, approximately reflecting the previous year. Over the period under review, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2018 an increase of 46%. Over the period under review, average import prices attained the peak figure at $17 per unit in 2012; however, from 2013 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 Japan ($11 per unit), while the price for China totaled $11 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.5%), while the prices for the other major suppliers experienced a decline.
Ship Propeller Exports in the Philippines
In 2022, the amount of ships or boats propellers and blades therefor exported from the Philippines skyrocketed to 749K units, growing by 71% against 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at 815K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, ship propeller exports skyrocketed to $11M in 2022. In general, exports, however, showed a noticeable curtailment. Over the period under review, the exports attained the peak figure at $12M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Ship Propeller in the Philippines (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.3 | 3.2 | 1.9 | 2.9 | -4.2% |
Singapore | 1.1 | 1.3 | 0.4 | 1.5 | 10.9% |
United Kingdom | 1.5 | 1.3 | 0.6 | 1.4 | -2.3% |
United States | 0.9 | 0.7 | 0.9 | 1.3 | 13.0% |
Netherlands | 0.4 | 0.4 | 0.2 | 0.9 | 31.0% |
France | 0.4 | 0.5 | 0.3 | 0.4 | 0.0% |
Indonesia | 1.1 | 0.9 | 0.7 | N/A | -20.2% |
Others | 3.3 | 1.9 | 1.3 | 2.7 | -6.5% |
Total | 12.0 | 10.2 | 6.4 | 11.0 | -2.9% |
Top Export Markets for Ship Propeller from the Philippines in 2022:
- Netherlands (198.4K units)
- Japan (50.9K units)
- Singapore (39.8K units)
- United Kingdom (34.7K units)
- United States (25.9K units)
- France (8.4K units)
Ship Propeller Imports in the Philippines
In 2022, the amount of ships or boats propellers and blades therefor imported into the Philippines surged to 3.9M units, jumping by 224% compared with 2021 figures. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ship propeller imports surged to $44M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ship Propeller in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4.7 | 3.7 | 10.6 | 30.0 | 85.5% |
China | 0.5 | 0.4 | 1.9 | 6.1 | 130.2% |
Others | 0.3 | 0.2 | 1.1 | 7.7 | 195.0% |
Total | 5.4 | 4.3 | 13.5 | 43.8 | 100.9% |
Top Suppliers of Ship Propeller to the Philippines in 2022:
- Japan (2.7M units)
- China (0.6M units)
This report provides an in-depth analysis of the ship propeller market 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 25992600 - Shipsu2019 or boatsu2019 propellers and blades therefor
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
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