Philippines - Laptops and Palm-Top Computers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Laptop and Tablet Computer in the Philippines - 2023
Contents:
- Price for Laptop and Tablet Computer in the Philippines (CIF) - 2022
- Price for Laptop and Tablet Computer in the Philippines (FOB) - 2023
- Imports of Laptop and Tablet Computer in the Philippines
- Exports of Laptop and Tablet Computer in the Philippines
Price for Laptop and Tablet Computer in the Philippines (CIF) - 2022
The average laptop and tablet computer import price stood at $607 per unit in 2022, growing by 14% against the previous year. Overall, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 49%. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($610 per unit) and Malaysia ($610 per unit), while the price for China ($610 per unit) and Singapore ($610 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Laptop and Tablet Computer in the Philippines (FOB) - 2023
In June 2023, the average laptop and tablet computer export price amounted to $28.5 per unit, falling by -29.8% against the previous month. In general, the export price faced a deep downturn. The pace of growth was the most pronounced in October 2022 an increase of 435% m-o-m. Over the period under review, the average export prices hit record highs at $2,068 per unit in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From June 2022 to June 2023, the rate of growth in terms of prices for Japan amounted to -22.9% per month.
Imports of Laptop and Tablet Computer in the Philippines
In 2022, supplies from abroad of laptops and palm-top computers decreased by -11.4% to 1.2M units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 56%. Over the period under review, imports reached the peak figure at 1.3M units in 2021, and then shrank in the following year.
In value terms, laptop and tablet computer imports stood at $703M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 45%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Laptop and Tablet Computer in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 200 | 326 | 458 | 461 | 32.1% |
| Singapore | 113 | 124 | 157 | 158 | 11.8% |
| Malaysia | 8.4 | 12.8 | 22.2 | 22.3 | 38.5% |
| Hong Kong SAR | 14.7 | 13.1 | 18.4 | 18.5 | 8.0% |
| Vietnam | 5.2 | 18.9 | 17.9 | 18.0 | 51.3% |
| Others | 11.5 | 15.9 | 22.7 | 25.0 | 29.5% |
| Total | 353 | 510 | 697 | 703 | 25.8% |
Top Suppliers of Laptop and Tablet Computer to the Philippines in 2022:
- China (754.9K units)
- Singapore (259.4K units)
- Malaysia (36.6K units)
- Hong Kong SAR (30.4K units)
- Vietnam (29.4K units)
Exports of Laptop and Tablet Computer in the Philippines
For the third year in a row, the Philippines recorded decline in shipments abroad of laptops and palm-top computers, which decreased by -66.2% to 1.6K units in 2022. In general, exports saw a precipitous decrease. Over the period under review, the exports attained the maximum at 71K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, laptop and tablet computer exports dropped markedly to $1M in 2022. Over the period under review, exports faced a dramatic contraction. Over the period under review, the exports reached the maximum at $41M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Laptop and Tablet Computer in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.3 | 10.1 | 0.1 | 0.8 | -72.2% |
| Spain | N/A | N/A | 0.3 | N/A | 0% |
| Japan | 1.1 | 0.6 | 0.6 | N/A | -26.1% |
| Malaysia | 0.6 | 0.3 | 0.5 | N/A | -8.7% |
| United Arab Emirates | 0.5 | 0.3 | 0.2 | N/A | -36.8% |
| Singapore | 0.7 | 0.3 | 0.5 | N/A | -15.5% |
| Others | 0.6 | 1.6 | 0.7 | 0.1 | -45.0% |
| Total | 40.9 | 13.2 | 2.9 | 1.0 | -71.0% |
Top Export Markets for Laptop and Tablet Computer from the Philippines in 2022:
- United States (1175.0 units)
- United Arab Emirates (142.0 units)
- Japan (58.0 units)
- Singapore (40.0 units)
- Malaysia (39.0 units)
- Spain (24.0 units)
This report provides an in-depth analysis of the market for laptop and tablet computer 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 26201100 - Laptop PCs and palm-top organisers
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.
-
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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