Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines - 2023
Contents:
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines (CIF) - 2022
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines (FOB) - 2022
- Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines
- Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines (CIF) - 2022
In 2022, the average import price for electric generators amounted to $2,805 per unit, which is down by -53.4% against the previous year. In general, the import price, however, posted pronounced growth. The pace of growth was the most pronounced in 2019 an increase of 201% against the previous year. Over the period under review, average import prices reached the peak figure at $6,015 per unit in 2021, and then dropped remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($5,519 per unit), while the price for China ($2,495 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines (FOB) - 2022
In 2022, the average export price for electric generators amounted to $1,000 per unit, dropping by -71.7% against the previous year. Over the period under review, the export price, however, showed a significant increase. The pace of growth was the most pronounced in 2018 an increase of 15,960% against the previous year. As a result, the export price reached the peak level of $8,908 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7,945.4% per year.
Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines
In 2022, imports of electric generators into the Philippines skyrocketed to 9.6K units, growing by 1,079% against the previous year's figure. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric generators soared to $27M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.0 | 0.3 | 1.6 | 20.9 | 175.5% |
| United States | 0.1 | 0.3 | N/A | 5.3 | 275.6% |
| Japan | 0.7 | 0.2 | 0.3 | 0.3 | -24.6% |
| Others | 1.6 | 3.8 | 3.0 | 0.5 | -32.1% |
| Total | 3.3 | 4.6 | 4.9 | 27.0 | 101.5% |
Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to the Philippines in 2022:
- China (8.4K units)
- United States (1.0K units)
- Japan (0.1K units)
Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines
In 2022, the amount of electric generators exported from the Philippines shrank sharply to 1 units, which is down by -98.2% compared with the previous year's figure. Overall, exports showed a significant decline. The smallest decline of -45.4% was in 2020. The exports peaked at 749 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric generators reduced markedly to $1K in 2022. In general, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 144% against the previous year. As a result, the exports reached the peak of $195K, and then declined sharply in the following year.
| Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 1.0 | 0% |
| Switzerland | 2.7 | 18.8 | 20.3 | N/A | 174.2% |
| Malaysia | N/A | 37.0 | 14.2 | N/A | -61.6% |
| United Kingdom | 7.8 | 5.0 | 28.8 | N/A | 92.2% |
| Papua New Guinea | N/A | 12.2 | N/A | N/A | 0% |
| Singapore | 29.6 | 3.5 | 84.7 | N/A | 69.2% |
| Mauritius | 5.1 | N/A | N/A | N/A | 0% |
| Others | 9.7 | 3.2 | 46.5 | N/A | 118.9% |
| Total | 54.9 | 79.6 | 195 | 1.0 | -73.7% |
Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from the Philippines in 2022:
- China (1.0 units)
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