Philippines: Helicopter Market 2025

Helicopter Market Size in the Philippines

The Philippine helicopter market reduced rapidly to $X in 2022, waning by -44.8% against the previous year. Over the period under review, consumption, however, posted a significant increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Helicopter Production in the Philippines

In value terms, helicopter production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 2,307,460,829,800% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Helicopter Exports

Exports from the Philippines

In 2022, approx. X units of civil helicopters were exported from the Philippines; waning by -25% compared with the year before. Overall, exports, however, showed notable growth. The growth pace was the most rapid in 2015 when exports increased by 308,850% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, helicopter exports contracted rapidly to $X in 2022. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 994%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Malaysia (X units) and Micronesia (X units) were the main destinations of helicopter exports from the Philippines.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Micronesia ($X), Malaysia ($X) and the United States ($X) were the largest markets for helicopter exported from the Philippines worldwide.

Micronesia, with a CAGR of -24.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average helicopter export price stood at $X per unit in 2022, which is down by -81% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 121,352% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Micronesia ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+103.4%), while the prices for the other major destinations experienced a decline.

Helicopter Imports

Imports into the Philippines

In 2022, helicopter imports into the Philippines reduced rapidly to X units, waning by -58.2% compared with 2021. Over the period under review, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2013 when imports increased by 307% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, helicopter imports surged to $X in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 4,219%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X units), Turkey (X units) and Canada (X units) were the main suppliers of helicopter imports to the Philippines, together comprising 65% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +32.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of civil helicopters to the Philippines, comprising 96% of total imports. The second position in the ranking was taken by the United States ($X), with a 1.9% share of total imports. It was followed by Italy, with a 1.2% share.

From 2012 to 2022, the average annual growth rate of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+37.4% per year) and Italy (+19.0% per year).

Import Prices by Country

The average helicopter import price stood at $X per unit in 2022, picking up by 237% against the previous year. Over the period under review, the import price recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 961%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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