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Philippines - Spectrometers And Spectrophotometers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpectrometers and Spectrophotometers Price in the Philippines - 2023
Contents:
- Spectrometers and Spectrophotometers Price in the Philippines (CIF) - 2022
- Spectrometers and Spectrophotometers Price in the Philippines (FOB) - 2022
- Spectrometers and Spectrophotometers Imports in the Philippines
- Spectrometers and Spectrophotometers Exports in the Philippines
Spectrometers and Spectrophotometers Price in the Philippines (CIF) - 2022
In 2022, the average spectrometers and spectrophotometers import price amounted to $1,576 per unit, growing by 3.3% against the previous year. Overall, the import price, however, continues to indicate a mild slump. The growth pace was the most rapid in 2017 an increase of 130% against the previous year. The import price peaked at $1,813 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($9,559 per unit), while the price for Hungary ($246 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+49.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Spectrometers and Spectrophotometers Price in the Philippines (FOB) - 2022
The average spectrometers and spectrophotometers export price stood at $206 per unit in 2022, waning by -29.8% against the previous year. In general, the export price showed a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 53% against the previous year. Over the period under review, the average export prices attained the peak figure at $784 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 Germany ($1,434 per unit), while the average price for exports to Australia ($19 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 Germany (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.
Spectrometers and Spectrophotometers Imports in the Philippines
In 2022, the amount of spectrometers and spectrophotometers imported into the Philippines rose sharply to 8.8K units, surging by 7.7% on the year before. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 29%. As a result, imports attained the peak of 11K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, spectrometers and spectrophotometers imports rose rapidly to $14M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 24%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Spectrometers and Spectrophotometers in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,758 | 2,573 | 1,726 | 2,212 | 8.0% |
Singapore | 1,861 | 1,233 | 1,561 | 2,001 | 2.4% |
Japan | 854 | 861 | 512 | 1,390 | 17.6% |
Germany | 1,679 | 894 | 1,054 | 1,351 | -7.0% |
United Kingdom | 246 | 378 | 577 | 739 | 44.3% |
China | 406 | 742 | 439 | 564 | 11.6% |
Switzerland | 899 | 320 | 34.1 | 283 | -32.0% |
Hungary | 78.9 | 188 | 154 | 221 | 41.0% |
Others | 1,631 | 2,822 | 6,358 | 5,055 | 45.8% |
Total | 9,414 | 10,011 | 12,414 | 13,816 | 13.6% |
Top Suppliers of Spectrometers and Spectrophotometers to the Philippines in 2022:
- United States (2793.0 units)
- Japan (1327.0 units)
- Hungary (900.0 units)
- China (854.0 units)
- Germany (716.0 units)
- United Kingdom (483.0 units)
- Singapore (327.0 units)
- Switzerland (121.0 units)
Spectrometers and Spectrophotometers Exports in the Philippines
In 2022, approx. 372 units of spectrometers and spectrophotometers were exported from the Philippines; increasing by 383% against the year before. Overall, exports continue to indicate a strong expansion. Over the period under review, the exports reached the peak figure at 632 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, spectrometers and spectrophotometers exports skyrocketed to $76K in 2022. In general, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports reached the peak figure at $131K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Export of Spectrometers and Spectrophotometers in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.9 | 2.7 | 4.4 | 18.8 | 39.7% |
Netherlands | 0.1 | 28.9 | 2.5 | 10.7 | 374.7% |
Sweden | 4.1 | 13.6 | 1.7 | 7.2 | 20.6% |
Italy | 5.7 | 11.4 | 1.1 | 4.9 | -4.9% |
Taiwan (Chinese) | 0.5 | 1.4 | 1.1 | 4.7 | 111.0% |
Mexico | 6.2 | 11.1 | 0.9 | 3.9 | -14.3% |
Hong Kong SAR | 24.8 | 10.0 | 0.7 | 2.9 | -51.1% |
United Kingdom | 19.8 | 3.8 | 0.6 | 2.6 | -49.2% |
Indonesia | 5.2 | 0.8 | 0.4 | 1.8 | -29.8% |
Australia | 1.0 | 2.0 | 0.2 | 0.8 | -7.2% |
Others | 29.8 | 44.7 | 8.9 | 18.3 | -15.0% |
Total | 104 | 131 | 22.4 | 76.5 | -9.7% |
Top Export Markets for Spectrometers and Spectrophotometers from the Philippines in 2022:
- Italy (152.0 units)
- Netherlands (49.0 units)
- Australia (41.0 units)
- Mexico (26.0 units)
- Taiwan (Chinese) (25.0 units)
- Hong Kong SAR (14.0 units)
- Germany (13.0 units)
- United Kingdom (12.0 units)
- Sweden (12.0 units)
- Indonesia (7.0 units)
This report provides an in-depth analysis of the spectrometers and spectrophotometers 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 26515330 - Spectrometers, spectrophotometers... using optical radiations
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
-
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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