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Philippines - Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Market for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles 2024
Market Size for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in the Philippines
In 2021, the Philippine market for road-sweepers, mobile workshops and other special purpose vehicles increased by 7.1% to $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption enjoyed a buoyant expansion. Consumption of peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.
Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles
Exports from the Philippines
In 2021, after two years of growth, there was significant decline in overseas shipments of road-sweepers, mobile workshops and other special purpose vehicles, when their volume decreased by -93.3% to X units. In general, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2017 when exports increased by 400% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2020, and then fell markedly in the following year.
In value terms, exports of road-sweepers, mobile workshops and other special purpose vehicles fell rapidly to $X in 2021. Over the period under review, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2019 with an increase of 419% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports of remained at a lower figure.
Exports by Country
Vietnam (X units) and China (X units) were the main destinations of exports of road-sweepers, mobile workshops and other special purpose vehicles from the Philippines.
From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of 0.0%).
In value terms, Vietnam ($X) remains the key foreign market for road-sweepers, mobile workshops and other special purpose vehicles exports from the Philippines, comprising 93% of total exports. The second position in the ranking was held by Australia ($X), with a 3% share of total exports. It was followed by Singapore, with a 2.8% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Vietnam totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-45.9% per year) and Singapore (-13.1% per year).
Export Prices by Country
The average export price for road-sweepers, mobile workshops and other special purpose vehicles stood at $X per unit in 2021, jumping by 45% against the previous year. Overall, the export price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 138% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+5.3%), while the prices for the other major destinations experienced a decline.
Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles
Imports into the Philippines
In 2021, supplies from abroad of road-sweepers, mobile workshops and other special purpose vehicles was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports recorded buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by 354%. Over the period under review, imports of attained the peak figure at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.
In value terms, imports of road-sweepers, mobile workshops and other special purpose vehicles contracted significantly to $X in 2021. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 177% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.
Imports by Country
In 2021, Japan (X units) constituted the largest road-sweepers, mobile workshops and other special purpose vehicles supplier to the Philippines, accounting for a 64% share of total imports. Moreover, imports of road-sweepers, mobile workshops and other special purpose vehicles from Japan exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a 2.2% share.
From 2012 to 2021, the average annual growth rate of volume from Japan stood at +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+31.1% per year) and the Netherlands (+44.2% per year).
In value terms, China ($X), Japan ($X) and the Netherlands ($X) appeared to be the largest road-sweepers, mobile workshops and other special purpose vehicles suppliers to the Philippines, together accounting for 56% of total imports.
The Netherlands, with a CAGR of +38.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2021, the average import price for road-sweepers, mobile workshops and other special purpose vehicles amounted to $X per unit, falling by -39.1% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 77%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for road-sweepers, mobile workshops and other special purpose vehicles 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 29105990 - Other special-purpose motor vehicles n.e.c.
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
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