Philippines - Industrial Machinery For The Preparation Of Meat Or Poultry - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMeat-Preparation Industrial Machinery Price in the Philippines - 2023
Contents:
- Meat-Preparation Industrial Machinery Price in the Philippines (CIF) - 2022
- Meat-Preparation Industrial Machinery Price in the Philippines (FOB) - 2022
- Meat-Preparation Industrial Machinery Imports in the Philippines
- Meat-Preparation Industrial Machinery Exports in the Philippines
Meat-Preparation Industrial Machinery Price in the Philippines (CIF) - 2022
In 2022, the average meat-preparation industrial machinery import price amounted to $426 per unit, with a decrease of -44.2% against the previous year. In general, the import price faced a abrupt descent. The growth pace was the most rapid in 2019 when the average import price increased by 77%. The import price peaked at $3,641 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,117 per unit), while the price for China ($96 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.6%), while the prices for the other major suppliers experienced a decline.
Meat-Preparation Industrial Machinery Price in the Philippines (FOB) - 2022
In 2022, the average meat-preparation industrial machinery export price amounted to $437 per unit, approximately mirroring the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 450%. As a result, the export price reached the peak level of $12,054 per unit. From 2020 to 2022, 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 the Netherlands ($2,664 per unit), while the average price for exports to Germany ($1 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 the Netherlands (+120.1%), while the prices for the other major destinations experienced a decline.
Meat-Preparation Industrial Machinery Imports in the Philippines
After three years of growth, overseas purchases of industrial machinery for the preparation of meat or poultry decreased by -47.6% to 19K units in 2022. Over the period under review, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of 37K units, and then declined remarkably in the following year.
In value terms, meat-preparation industrial machinery imports shrank notably to $8.2M in 2022. Overall, imports recorded a precipitous curtailment. The smallest decline of -2% was in 2021. Imports peaked at $30M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Meat-Preparation Industrial Machinery in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.3 | 4.3 | 4.2 | 2.2 | -25.4% |
China | 0.8 | 0.9 | 1.4 | 1.1 | 11.2% |
South Africa | N/A | 2.3 | 2.9 | 0.7 | -44.8% |
United States | 3.6 | 4.5 | 1.2 | 0.6 | -45.0% |
Austria | 0.3 | 0.2 | 0.3 | 0.6 | 26.0% |
Spain | 0.1 | 0.4 | 0.5 | 0.5 | 71.0% |
Italy | 0.2 | N/A | 0.3 | 0.4 | 26.0% |
Netherlands | 2.5 | 1.1 | 0.5 | 0.2 | -56.9% |
Taiwan (Chinese) | 0.4 | 0.5 | 0.8 | 0.2 | -20.6% |
Singapore | 0.1 | N/A | N/A | 0.2 | 26.0% |
Belgium | 0.3 | 0.4 | 0.7 | 0.1 | -30.7% |
South Korea | 0.1 | 0.3 | 0.5 | 0.1 | 0.0% |
Others | 16.4 | 13.5 | 14.8 | 1.3 | -57.0% |
Total | 30.1 | 28.6 | 28.0 | 8.2 | -35.2% |
Top Suppliers of Meat-Preparation Industrial Machinery to the Philippines in 2022:
- China (11.3K units)
- Italy (2.0K units)
- Taiwan (Chinese) (1.8K units)
- Germany (0.7K units)
- Belgium (0.5K units)
- Singapore (0.4K units)
- United States (0.3K units)
- Austria (0.3K units)
- South Korea (0.3K units)
- Spain (0.3K units)
- South Africa (0.2K units)
- Netherlands (0.1K units)
Meat-Preparation Industrial Machinery Exports in the Philippines
For the third year in a row, the Philippines recorded decline in shipments abroad of industrial machinery for the preparation of meat or poultry, which decreased by 0% to 9 units in 2022. In general, exports faced a dramatic contraction. The smallest decline of -83.1% was in 2020. The exports peaked at 65 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, meat-preparation industrial machinery exports stood at $3.9K in 2022. Overall, exports continue to indicate a precipitous curtailment. The smallest decline of -99% was in 2020. The exports peaked at $784K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Meat-Preparation Industrial Machinery in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 200 | 4.1 | N/A | 2.7 | -76.2% |
Australia | 198 | 3.0 | N/A | 0.8 | -84.1% |
India | N/A | N/A | N/A | 0.2 | 0% |
Singapore | 7.1 | 0.2 | N/A | 0.1 | -75.9% |
Indonesia | 19.8 | N/A | N/A | 0.1 | -82.8% |
Papua New Guinea | 12.7 | 0.2 | N/A | 0.1 | -80.1% |
Malaysia | 26.4 | 0.1 | N/A | 0.1 | -84.4% |
South Korea | 0.9 | N/A | N/A | N/A | 0% |
Thailand | 101 | N/A | N/A | N/A | 0% |
Germany | 1.8 | 0.1 | N/A | N/A | -94.4% |
Others | 216 | 0.2 | N/A | N/A | -99.9% |
Total | 784 | 7.9 | N/A | 3.9 | -82.9% |
Top Export Markets for Meat-Preparation Industrial Machinery from the Philippines in 2022:
- Netherlands (1.0 units)
- Singapore (1.0 units)
- Indonesia (1.0 units)
- India (1.0 units)
- Papua New Guinea (1.0 units)
- Malaysia (1.0 units)
- Australia (1.0 units)
- Germany (1.0 units)
- South Korea (1.0 units)
This report provides an in-depth analysis of the meat-preparation industrial machinery 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 28931750 - Industrial machinery for the preparation of meat or poultry
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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