Snow-Ski Equipment Price in the Philippines - 2023
Contents:
- Snow-Ski Equipment Price in the Philippines (CIF) - 2022
- Snow-Ski Equipment Price in the Philippines (FOB) - 2022
- Snow-Ski Equipment Imports in the Philippines
- Snow-Ski Equipment Exports in the Philippines
Snow-Ski Equipment Price in the Philippines (CIF) - 2022
In 2022, the average snow-ski equipment import price amounted to $33 per unit, with a decrease of -3.6% against the previous year. Overall, the import price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 93% against the previous year. Over the period under review, average import prices attained the maximum at $34 per unit in 2021, and then dropped modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($33 per unit) and Estonia ($33 per unit), while the price for Singapore ($33 per unit) and China ($33 per unit) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+37.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Snow-Ski Equipment Price in the Philippines (FOB) - 2022
The average snow-ski equipment export price stood at $29 per unit in 2022, stabilizing at the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 48% against the previous year. The export price peaked at $30 per unit in 2013; however, from 2014 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 Indonesia ($669 per unit), while the average price for exports to Oman ($5.6 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 India (+73.7%), while the prices for the other major destinations experienced mixed trend patterns.
Snow-Ski Equipment Imports in the Philippines
In 2022, overseas purchases of snow-ski equipment decreased by -54.3% to 761 units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports reached the peak of 3K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, snow-ski equipment imports contracted rapidly to $25K in 2022. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 84%. As a result, imports attained the peak of $66K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Snow-Ski Equipment in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | 0.3 | 16.6 | 5433.3% |
| China | 6.7 | 24.2 | 6.7 | 4.1 | -15.1% |
| Italy | 1.4 | 2.0 | 2.4 | 1.5 | 2.3% |
| Japan | 0.2 | 0.4 | 3.6 | 0.7 | 51.8% |
| Hong Kong SAR | 0.2 | 1.3 | N/A | 0.7 | 51.8% |
| United States | 1.3 | 1.2 | 0.6 | 0.5 | -27.3% |
| Estonia | N/A | N/A | N/A | 0.4 | 0% |
| Malaysia | 0.8 | 0.8 | N/A | N/A | 0.0% |
| Taiwan (Chinese) | 19.8 | 31.1 | 23.3 | N/A | 8.5% |
| Saudi Arabia | N/A | N/A | 2.5 | N/A | 0% |
| Others | 5.6 | 5.0 | 17.0 | 0.4 | -58.5% |
| Total | 36.0 | 66.1 | 56.4 | 24.9 | -11.6% |
Top Suppliers of Snow-Ski Equipment to the Philippines in 2022:
- Singapore (507.0 units)
- China (126.0 units)
- Italy (47.0 units)
- Hong Kong SAR (22.0 units)
- Japan (20.0 units)
- United States (14.0 units)
- Estonia (13.0 units)
Snow-Ski Equipment Exports in the Philippines
In 2022, overseas shipments of snow-ski equipment decreased by 0% to 995 units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 5,279% against the previous year. As a result, the exports reached the peak of 2.1K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, snow-ski equipment exports stood at $29K in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 7,576%. As a result, the exports reached the peak of $59K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Snow-Ski Equipment in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.3 | 18.6 | N/A | 14.9 | 267.6% |
| Oman | 0.2 | 7.1 | N/A | 3.3 | 154.6% |
| Northern Mariana Islands | N/A | 17.3 | N/A | N/A | 0% |
| Others | 0.3 | 15.7 | N/A | 11.2 | 234.2% |
| Total | 0.8 | 58.6 | N/A | 29.3 | 232.1% |
Top Export Markets for Snow-Ski Equipment from the Philippines in 2022:
- Oman (584.0 units)
- China (392.0 units)
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