Price for Electrical Capacitors; Fixed, Tantalum in the Philippines - 2023
Contents:
- Price for Electrical Capacitors; Fixed, Tantalum in the Philippines (FOB) - 2022
- Price for Electrical Capacitors; Fixed, Tantalum in the Philippines (CIF) - 2022
- Exports of Electrical Capacitors; Fixed, Tantalum in the Philippines
- Imports of Electrical Capacitors; Fixed, Tantalum in the Philippines
Price for Electrical Capacitors; Fixed, Tantalum in the Philippines (FOB) - 2022
The average electrical capacitors; fixed, tantalum export price stood at $0.3 per unit in 2022, growing by 13% against the previous year. Overall, the export price recorded significant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 210% against the previous year. The export price peaked at $0.6 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($0.3 per unit) and Taiwan (Chinese) ($0.3 per unit), while the average price for exports to China ($0.3 per unit) and South Korea ($0.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Capacitors; Fixed, Tantalum in the Philippines (CIF) - 2022
In 2022, the average electrical capacitors; fixed, tantalum import price amounted to $0.3 per unit, picking up by 11% against the previous year. Overall, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 55% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($0.3 per unit) and China ($0.3 per unit), while the price for Singapore ($0.3 per unit) and Thailand ($0.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Capacitors; Fixed, Tantalum in the Philippines
In 2022, overseas shipments of electrical capacitors; fixed, tantala decreased by -19.3% to 165M units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by 1.6%. Over the period under review, the exports reached the maximum at 204M units in 2021, and then reduced markedly in the following year.
In value terms, electrical capacitors; fixed, tantalum exports shrank to $50M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, the exports attained the peak of $56M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Electrical Capacitors; Fixed, Tantalum in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.9 | 9.5 | 20.9 | 31.2 | 226.1% |
| Vietnam | 25.9 | 29.7 | 19.8 | 10.3 | -26.5% |
| South Korea | 10.9 | 10.5 | 11.3 | 6.1 | -17.6% |
| Hong Kong SAR | 6.0 | 2.9 | 1.4 | 1.4 | -38.4% |
| Others | 3.3 | 3.6 | 2.0 | 1.3 | -26.7% |
| Total | 46.9 | 56.2 | 55.2 | 50.3 | 2.4% |
Top Export Markets for Electrical Capacitors; Fixed, Tantalum from the Philippines in 2022:
- China (102.4M units)
- Vietnam (33.9M units)
- South Korea (19.9M units)
- Hong Kong SAR (4.5M units)
Imports of Electrical Capacitors; Fixed, Tantalum in the Philippines
In 2022, electrical capacitors; fixed, tantalum imports into the Philippines dropped markedly to 31M units, shrinking by -34% against 2021. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.3% against the previous year. Imports peaked at 52M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical capacitors; fixed, tantalum imports fell rapidly to $8.2M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports attained the peak of $11M, and then contracted significantly in the following year.
| Import of Electrical Capacitors; Fixed, Tantalum in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.7 | 2.5 | 2.9 | 2.5 | -2.5% |
| China | 0.5 | 1.1 | 1.2 | 1.6 | 47.4% |
| Singapore | 0.6 | 0.3 | 4.4 | 1.1 | 22.4% |
| Hong Kong SAR | 0.6 | 0.5 | 0.9 | 0.8 | 10.1% |
| Malaysia | 0.4 | 0.1 | 0.3 | 0.6 | 14.5% |
| Czech Republic | N/A | N/A | 0.1 | 0.5 | 400.0% |
| United States | 0.6 | 0.9 | 0.7 | 0.3 | -20.6% |
| South Korea | 2.2 | 2.8 | 0.1 | 0.2 | -55.0% |
| Others | 0.5 | 0.7 | 0.6 | 0.6 | 6.3% |
| Total | 8.1 | 8.8 | 11.2 | 8.2 | 0.4% |
Top Suppliers of Electrical Capacitors; Fixed, Tantalum to the Philippines in 2022:
- Japan (9.5M units)
- China (6.1M units)
- Singapore (4.1M units)
- Hong Kong SAR (3.0M units)
- Malaysia (2.4M units)
- Czech Republic (1.8M units)
- United States (1.3M units)
- South Korea (0.8M units)
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