Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines - 2023
Contents:
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines (CIF) - 2022
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines (FOB) - 2022
- Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines
- Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines (CIF) - 2022
The average import price for generators stood at $205 per unit in 2022, jumping by 72% against the previous year. Overall, the import price posted a notable expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 138% against the previous year. As a result, import price attained the peak level of $792 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($413 per unit), while the price for Malaysia ($78 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines (FOB) - 2022
The average export price for generators stood at $1,056 per unit in 2022, jumping by 91% against the previous year. Overall, the export price, however, faced a sharp slump. The most prominent rate of growth was recorded in 2017 an increase of 371% against the previous year. Over the period under review, the average export prices hit record highs at $47,255 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,200 per unit), while the average price for exports to Indonesia totaled $45 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-7.6%), while the prices for the other major destinations experienced a decline.
Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines
In 2022, after three years of growth, there was significant decline in overseas purchases of generators, when their volume decreased by -22.8% to 9K units. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% 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 +18.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports attained the peak of 12K units, and then reduced rapidly in the following year.
In value terms, imports of generators soared to $1.9M in 2022. Over the period under review, imports saw a abrupt descent. Over the period under review, imports of attained the maximum at $2.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 998 | 779 | 1,158 | 626 | -14.4% |
| South Korea | 15.2 | 0.7 | 67.3 | 480 | 216.1% |
| Taiwan (Chinese) | 285 | 4.0 | 2.0 | 87.6 | -32.5% |
| Malaysia | 0.2 | 0.3 | 18.8 | 26.2 | 407.9% |
| Others | 910 | 298 | 147 | 632 | -11.4% |
| Total | 2,208 | 1,082 | 1,393 | 1,852 | -5.7% |
Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to the Philippines in 2022:
- China (5.9K units)
- South Korea (2.2K units)
- Malaysia (0.3K units)
- Taiwan (Chinese) (0.2K units)
Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines
For the third consecutive year, the Philippines recorded decline in shipments abroad of generators, which decreased by -55.6% to 8 units in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The exports peaked at 1.1K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of generators declined rapidly to $8.4K in 2022. In general, exports showed a sharp contraction. Over the period under review, the exports of reached the peak figure at $381K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 13.8 | 3.0 | N/A | 8.4 | -15.3% |
| Germany | 78.1 | N/A | N/A | N/A | 0% |
| Indonesia | 0.1 | N/A | N/A | N/A | 0% |
| Netherlands | 194 | N/A | N/A | N/A | 0% |
| Canada | 1.6 | 10.3 | N/A | N/A | 543.8% |
| Others | 93.3 | 59.6 | 10.0 | N/A | -67.3% |
| Total | 381 | 72.9 | 10.0 | 8.4 | -72.0% |
Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from the Philippines in 2022:
- Japan (7.0 units)
- Indonesia (1.0 units)
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