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Philippines - Wheelchairs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWheelchair Price in the Philippines - 2023
Contents:
- Wheelchair Price in the Philippines (CIF) - 2023
- Wheelchair Price in the Philippines (FOB) - 2022
- Wheelchair Imports in the Philippines
- Wheelchair Exports in the Philippines
Wheelchair Price in the Philippines (CIF) - 2023
In June 2023, the average wheelchair import price amounted to $40.9 per unit, increasing by 41% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 93% against the previous month. The import price peaked at $44.9 per unit in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was China ($39.3 per unit), while the price for Japan totaled $29.4 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (-0.6%).
Wheelchair Price in the Philippines (FOB) - 2022
In 2022, the average wheelchair export price amounted to $216 per unit, declining by -73.1% against the previous year. Over the period under review, the export price recorded a abrupt slump. The growth pace was the most rapid in 2020 an increase of 87%. The export price peaked at $1,243 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,395 per unit), while the average price for exports to Micronesia amounted to $141 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palau (+17.6%), while the prices for the other major destinations experienced mixed trend patterns.
Wheelchair Imports in the Philippines
In 2022, the amount of wheelchairs imported into the Philippines soared to 206K units, picking up by 63% on 2021. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wheelchair imports skyrocketed to $5.7M in 2022. Overall, imports, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Imports peaked at $6.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Wheelchair in the Philippines (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.6 | 2.8 | 4.7 | 5.4 | -1.2% |
Others | 0.6 | 0.2 | 0.3 | 0.3 | -20.6% |
Total | 6.2 | 3.1 | 4.9 | 5.7 | -2.8% |
Top Suppliers of Wheelchair to the Philippines in 2022:
- China (202.3K units)
Wheelchair Exports in the Philippines
In 2022, approx. 67 units of wheelchairs were exported from the Philippines; with an increase of 570% against the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wheelchair exports soared to $14K in 2022. Over the period under review, exports showed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 402% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.
Export of Wheelchair in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Micronesia | N/A | N/A | N/A | 8.9 | 0% |
United States | N/A | N/A | N/A | 5.6 | 0% |
South Korea | 5.4 | 0.5 | 3.9 | N/A | -15.0% |
Germany | 3.2 | N/A | N/A | N/A | 0% |
Palau | 2.0 | 1.0 | 3.6 | N/A | 34.2% |
Others | 0.5 | 0.2 | 0.5 | N/A | 0.0% |
Total | 11.1 | 1.6 | 8.0 | 14.5 | 9.3% |
Top Export Markets for Wheelchair from the Philippines in 2022:
- Micronesia (63.0 units)
- United States (4.0 units)
This report provides an in-depth analysis of the wheelchair 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 30922030 - Invalid carriages not mechanically propelled
- Prodcom 30922090 - Invalid carriages motorised or mechanically propelled
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
This report provides an in-depth analysis of the wheelchair market in the Philippines.
This report provides an in-depth analysis of the motorised invalid carriage market in the Philippines.
This report provides an in-depth analysis of the invalid carriage market in the Philippines.
This report provides an in-depth analysis of the global wheelchair market.
This report provides an in-depth analysis of the global motorised invalid carriage market.
This report provides an in-depth analysis of the global invalid carriage market.
This report provides an in-depth analysis of the wheelchair market in the Philippines.
This report provides an in-depth analysis of the motorised invalid carriage market in the Philippines.
This report provides an in-depth analysis of the invalid carriage market in the Philippines.
This report provides an in-depth analysis of the global wheelchair market.
In 2016, the amount of wheelchair imported worldwide amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% fr...
In 2016, the amount of wheelchair imported worldwide amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% fr...
In 2016, the amount of wheelchair imported worldwide amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% fr...
In 2016, the amount of wheelchair imported worldwide amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% fr...