Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines - 2024

Contents:

  1. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines (CIF) - 2022
  2. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines (FOB) - 2022
  3. Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines
  4. Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines (CIF) - 2022

The average import price for saws for working in the hand, with self-contained electric motor stood at $26 per unit in 2022, surging by 22% against the previous year. Overall, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 51%. Over the period under review, average import prices reached the maximum at $36 per unit in 2012; however, from 2013 to 2022, 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 Thailand ($80 per unit), while the price for China ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.1%), while the prices for the other major suppliers experienced a decline.

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines (FOB) - 2022

In 2022, the average export price for saws for working in the hand, with self-contained electric motor amounted to $300 per unit, picking up by 589% against the previous year. Overall, the export price posted prominent growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 35,146%. Over the period under review, the average export prices reached the maximum at $9,098 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +660.0% per year.

Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines

In 2022, the amount of saws for working in the hand, with self-contained electric motor imported into the Philippines reduced dramatically to 90K units, declining by -62.4% compared with the previous year. In general, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 155% against the previous year. As a result, imports reached the peak of 239K units, and then fell markedly in the following year.

In value terms, imports of saws for working in the hand, with self-contained electric motor fell rapidly to $2.3M in 2022. Overall, imports showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports reached the peak of $5.1M, and then fell sharply in the following year.

Import of Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.32.53.81.8-7.8%
Japan0.50.40.70.3-15.7%
Thailand0.7N/A0.3N/A-34.5%
Others0.40.30.30.2-20.6%
Total3.93.25.12.3-16.1%

Top Suppliers of Saws for Working in the Hand, with Self-Contained Electric Motor to the Philippines in 2022:

  1. China (81.7K units)
  2. Japan (5.8K units)
  3. Thailand (0.4K units)

Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines

In 2022, after two years of growth, there was significant decline in overseas shipments of saws for working in the hand, with self-contained electric motor, when their volume decreased by -99.6% to 1 units. Overall, exports saw a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 9,100%. As a result, the exports reached the peak of 276 units, and then shrank significantly in the following year.

In value terms, exports of saws for working in the hand, with self-contained electric motor fell sharply to $300 in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 3,934% against the previous year. As a result, the exports attained the peak of $12K, and then reduced dramatically in the following year.

Export of Saws for Working in the Hand, with Self-Contained Electric Motor in the Philippines (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United StatesN/AN/A0.30%
IndonesiaN/A12.0N/A0%
Others0.3N/AN/A0%
Total0.312.00.30.0%

Top Export Markets for Saws for Working in the Hand, with Self-Contained Electric Motor from the Philippines in 2022:

  1. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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