Report Update Feb 1, 2025

Philippines - Civil Reaction Engines - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Civil Reaction Engine Market 2025

Civil Reaction Engine Market Size in the Philippines

The Philippine civil reaction engine market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption recorded significant growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Civil Reaction Engine Production in the Philippines

In value terms, civil reaction engine production totaled $X in 2021 estimated in export price. Over the period under review, production continues to indicate a resilient expansion. The growth pace was the most rapid in 2020 when the production volume decreased by 99.9% against the previous year. Civil reaction engine production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Civil Reaction Engine Exports

Exports from the Philippines

In 2019, the amount of civil reaction engines exported from the Philippines amounted to X units, almost unchanged from the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2014. The exports peaked in 2019 and are likely to continue growth in years to come.

In value terms, civil reaction engine exports totaled $X in 2019. Overall, exports showed a sharp descent. The smallest decline of 99.9% was in 2014. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2019, the exports failed to regain momentum.

Exports by Country

South Korea (X units) was the main destination for civil reaction engine exports from the Philippines, accounting for a approx. 98% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to South Korea was relatively modest.

From 2013 to 2019, the average annual growth rate of value to South Korea was relatively modest.

Export Prices by Country

The average civil reaction engine export price stood at $X per unit in 2019, leveling off at the previous year. Overall, the export price faced a sharp setback. The growth pace was the most rapid in 2014 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2019, the export prices failed to regain momentum.

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

From 2013 to 2019, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Civil Reaction Engine Imports

Imports into the Philippines

In 2021, civil reaction engine imports into the Philippines dropped remarkably to X units, falling by -44.8% against 2020 figures. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2016 with an increase of 800% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, civil reaction engine imports soared to $X in 2021. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 240% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Spain (X units) constituted the largest civil reaction engine supplier to the Philippines, accounting for a 34% share of total imports. Moreover, civil reaction engine imports from Spain exceeded the figures recorded by the second-largest supplier, India (X units), sixfold. The third position in this ranking was held by China (X units), with a 6.2% share.

From 2013 to 2021, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+14.9% per year) and China (+12.2% per year).

In value terms, the largest civil reaction engine suppliers to the Philippines were Australia ($X), the United States ($X) and Singapore ($X), together comprising 57% of total imports.

In terms of the main suppliers, Australia, with a CAGR of +61.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average civil reaction engine import price amounted to $X per unit, jumping by 362% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for civil reaction engines in the world?

The countries with the highest volumes of in 2021 were South Africa, Singapore and Indonesia, with a combined 40% share of global consumption. Nigeria, Kenya, Spain, the Netherlands, the United States, Colombia, Hungary, Brazil and the UK lagged somewhat behind, together accounting for a further 42%.

What are the largest producers of civil reaction engines in the world?

The country with the largest volume of civil reaction engine production was South Africa, comprising approx. 47% of total volume. Moreover, civil reaction engine production in South Africa exceeded the figures recorded by the second-largest producer, Poland, fourfold. Spain ranked third in terms of total production with an 11% share.

What are the leading suppliers of civil reaction engines to the Philippines?

In value terms, Australia constituted the largest supplier of civil reaction engine to the Philippines, comprising 33% of total imports. The second position in the ranking was occupied by Singapore, with a 6.5% share of total imports. It was followed by South Korea, with a 3.5% share.

What are the leading importers of civil reaction engines from the Philippines?

In value terms, the UK remains the key foreign market for civil reaction engine exports from the Philippines, comprising 100% of total exports. The second position in the ranking was occupied by Singapore $119), with a 0.2% share of total exports.

What is the average export price for civil reaction engines in the Philippines?

The average civil reaction engine export price stood at $3,799 per unit in 2021, reducing by -6.7% against the previous year.

What is the average import price for civil reaction engines in the Philippines?

In 2021, the average civil reaction engine import price amounted to $2,837 per unit, picking up by 150% against the previous year.

This report provides an in-depth analysis of the civil reaction engine market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 30301300 - Reaction engines, for civil use (including ramjets, pulse jets and rocket engines) (excluding turbojets, guided missiles incorporating power units)

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024