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Philippines - Bucket Type Continuous-Action Elevators and Conveyors for Goods or Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Market for Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024
Market Size for Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials in the Philippines
For the third year in a row, the Philippine market for bucket type continuous-action elevators and conveyors for goods or materials recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption recorded significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Production of Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials in the Philippines
In value terms, production of bucket type continuous-action elevators and conveyors for goods or materials dropped rapidly to $X in 2023 estimated in export price. In general, production saw a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2023, production of growth remained at a lower figure.
Exports of Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials
Exports from the Philippines
For the third consecutive year, the Philippines recorded growth in shipments abroad of bucket type continuous-action elevators and conveyors for goods or materials, which increased by X% to X units in 2023. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in years to come.
In value terms, exports of bucket type continuous-action elevators and conveyors for goods or materials skyrocketed to $X in 2023. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in the immediate term.
Exports by Country
Chile (X units) was the main destination for exports of bucket type continuous-action elevators and conveyors for goods or materials from the Philippines, with a X% share of total exports. Moreover, exports of bucket type continuous-action elevators and conveyors for goods or materials to Chile exceeded the volume sent to the second major destination, Argentina (X units), sevenfold. The third position in this ranking was held by Poland (X units), with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Chile was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Poland (X% per year).
In value terms, the largest markets for bucket type continuous-action elevator and conveyor exported from the Philippines were Argentina ($X), Chile ($X) and Poland ($X), with a combined X% share of total exports.
Among the main countries of destination, Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
In 2023, the average export price for bucket type continuous-action elevators and conveyors for goods or materials amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2023, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials
Imports into the Philippines
In 2023, imports of bucket type continuous-action elevators and conveyors for goods or materials into the Philippines surged to X units, rising by X% against the year before. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in the near future.
In value terms, imports of bucket type continuous-action elevators and conveyors for goods or materials skyrocketed to $X in 2023. Over the period under review, imports posted prominent growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, China (X units) was the main supplier of bucket type continuous-action elevator and conveyor to the Philippines, with a X% share of total imports. It was followed by the United States (X units), with a X% share of total imports. Taiwan (Chinese) (X units) ranked third in terms of total imports with less than X% share.
From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).
In value terms, China ($X) constituted the largest supplier of bucket type continuous-action elevators and conveyors for goods or materials to the Philippines, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Japan, with a X% share.
From 2012 to 2023, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).
Import Prices by Country
In 2023, the average import price for bucket type continuous-action elevators and conveyors for goods or materials amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price recorded a precipitous descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for bucket type continuous-action elevator and conveyor 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 28221750 - Bucket type continuous-action elevators and conveyors for goods or materials
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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