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Philippines - Wheeled Loaders, Crawler Shovel Loaders, Front-End Loaders - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheeled Loader Price in the Philippines - 2023
Contents:
- Wheeled Loader Price in the Philippines (CIF) - 2022
- Wheeled Loader Price in the Philippines (FOB) - 2022
- Wheeled Loader Imports in the Philippines
- Wheeled Loader Exports in the Philippines
Wheeled Loader Price in the Philippines (CIF) - 2022
The average wheeled loader import price stood at $9,484 per unit in 2022, approximately reflecting the previous year. Overall, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 53% against the previous year. The import price peaked at $34,565 per unit in 2012; however, from 2013 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 Turkey ($25,440 per unit), while the price for China ($7,962 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-3.8%), while the prices for the other major suppliers experienced a decline.
Wheeled Loader Price in the Philippines (FOB) - 2022
The average wheeled loader export price stood at $38,937 per unit in 2022, picking up by 155% against the previous year. In general, the export price, however, saw a abrupt contraction. The export price peaked at $95,003 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($89,989 per unit), while the average price for exports to Australia totaled $31,096 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+28.4%), while the prices for the other major destinations experienced mixed trend patterns.
Wheeled Loader Imports in the Philippines
In 2022, wheeled loader imports into the Philippines contracted sharply to 5.4K units, which is down by -31.4% on 2021. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 49%. Over the period under review, imports hit record highs at 10K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, wheeled loader imports fell notably to $51M in 2022. Overall, imports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked at $81M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Wheeled Loader in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 39.0 | 34.5 | 52.6 | 35.9 | -2.7% |
Japan | 16.7 | 10.7 | 9.2 | 6.6 | -26.6% |
Turkey | 1.4 | 0.2 | 1.5 | 2.2 | 16.3% |
Others | 23.4 | 17.5 | 11.1 | 6.4 | -35.1% |
Total | 80.5 | 62.7 | 74.5 | 51.1 | -14.1% |
Top Suppliers of Wheeled Loader to the Philippines in 2022:
- China (4.5K units)
- Japan (0.6K units)
- Turkey (0.1K units)
Wheeled Loader Exports in the Philippines
In 2022, approx. 7 units of wheeled loaders, crawler shovel loaders, front-end loaders were exported from the Philippines; shrinking by -65% against the previous year. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 567%. Over the period under review, the exports hit record highs at 57 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, wheeled loader exports dropped to $260K in 2022. Overall, exports recorded a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 1,028% against the previous year. Over the period under review, the exports hit record highs at $789K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Wheeled Loader in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 729 | N/A | N/A | 180 | -37.3% |
Fiji | N/A | N/A | N/A | 80.0 | 0% |
Japan | 42.5 | 19.5 | 300 | N/A | 165.7% |
Others | 17.2 | 7.2 | 1.4 | N/A | -71.5% |
Total | 789 | 26.7 | 301 | 260 | -30.9% |
Top Export Markets for Wheeled Loader from the Philippines in 2022:
- Australia (6.0 units)
- Fiji (1.0 units)
This report provides an in-depth analysis of the wheeled loader 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 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
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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