Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines - 2023
Contents:
- Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines (CIF) - 2022
- Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines (FOB) - 2022
- Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines
- Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines
Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines (CIF) - 2022
In 2022, the average import price for surveying equipment; parts and accessories for articles of heading no. 9015 amounted to $54,042 per ton, approximately equating the previous year. In general, the import price recorded mild growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 163% against the previous year. As a result, import price reached the peak level of $95,398 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($503,662 per ton), while the price for China ($21,980 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines (FOB) - 2022
The average export price for surveying equipment; parts and accessories for articles of heading no. 9015 stood at $311,332 per ton in 2022, surging by 10% against the previous year. Overall, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 197%. Over the period under review, the average export prices attained the maximum at $374,788 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($289,509 per ton) and the UK ($289,388 per ton), while the average price for exports to Greece ($273,421 per ton) and the United States ($276,240 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+36.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines
In 2022, after three years of growth, there was significant decline in purchases abroad of surveying equipment; parts and accessories for articles of heading no. 9015, when their volume decreased by -77.2% to 37 tons. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 82% against the previous year. As a result, imports reached the peak of 161 tons, and then dropped significantly in the following year.
In value terms, imports of surveying equipment; parts and accessories for articles of heading no. 9015 declined significantly to $2.1M in 2022. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 79%. As a result, imports reached the peak of $8.4M, and then declined dramatically in the following year.
| Import of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,210 | 3,406 | 5,805 | 554 | -22.9% |
| Australia | 30.5 | 41.6 | 244 | 467 | 148.3% |
| United States | 994 | 631 | 568 | 394 | -26.5% |
| Japan | 121 | 36.2 | 124 | 210 | 20.2% |
| Netherlands | 40.8 | 21.6 | 237 | 88.3 | 29.4% |
| Singapore | 106 | 60.2 | 97.3 | 63.7 | -15.6% |
| Denmark | 0.1 | 5.2 | 131 | 60.8 | 747.2% |
| United Arab Emirates | N/A | 11.0 | 862 | 1.3 | -65.6% |
| Others | 361 | 465 | 282 | 241 | -12.6% |
| Total | 2,863 | 4,677 | 8,351 | 2,081 | -10.1% |
Top Suppliers of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 to the Philippines in 2022:
- China (25.2 tons)
- Singapore (2.7 tons)
- Netherlands (2.0 tons)
- Japan (2.0 tons)
- United States (1.5 tons)
- Australia (0.9 tons)
- Denmark (0.8 tons)
Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines
In 2022, approx. 957 kg of surveying equipment; parts and accessories for articles of heading no. 9015 were exported from the Philippines; increasing by 200% against 2021. Over the period under review, exports, however, continue to indicate a drastic downturn.
In value terms, exports of surveying equipment; parts and accessories for articles of heading no. 9015 surged to $292K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 131 | 0% |
| Australia | 118 | N/A | N/A | 34.0 | -34.0% |
| United Arab Emirates | N/A | N/A | N/A | 32.7 | 0% |
| Singapore | 11.5 | N/A | 15.8 | 31.3 | 39.6% |
| Oman | N/A | N/A | N/A | 13.6 | 0% |
| Japan | 0.2 | N/A | 0.8 | 10.0 | 268.4% |
| United States | N/A | N/A | 26.8 | 6.9 | -74.3% |
| Hong Kong SAR | N/A | N/A | 16.1 | 5.5 | -65.8% |
| Greece | N/A | N/A | N/A | 5.2 | 0% |
| South Korea | N/A | N/A | 9.0 | N/A | 0% |
| Others | 3.4 | N/A | 4.5 | 21.4 | 84.6% |
| Total | 133 | N/A | 72.8 | 292 | 30.0% |
Top Export Markets for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 from the Philippines in 2022:
- United Kingdom (454.0 kg)
- Australia (118.0 kg)
- United Arab Emirates (114.0 kg)
- Singapore (108.0 kg)
- Oman (48.0 kg)
- Japan (36.0 kg)
- United States (25.0 kg)
- Greece (19.0 kg)
- Hong Kong SAR (19.0 kg)
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