Report Update Nov 1, 2024

Philippines - Continuous and Discontinuous Totalisers - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Totaliser Market 2024

Totaliser Market Size in the Philippines

The Philippine totaliser market soared to $X in 2021, with an increase of 5,342% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Totaliser Exports

Exports from the Philippines

In 2021, exports of continuous and discontinuous totalisers from the Philippines reduced remarkably to X units, with a decrease of -72.7% against the previous year. Overall, exports recorded a deep setback. The exports peaked at X units in 2020, and then plummeted in the following year.

In value terms, totaliser exports skyrocketed to $X in 2021. In general, exports faced a abrupt downturn. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Indonesia (X units) was the main destination for totaliser exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Indonesia was relatively modest.

In value terms, Indonesia ($X) emerged as the key foreign market for continuous and discontinuous totalisers exports from the Philippines.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia was relatively modest.

Export Prices by Country

In 2021, the average totaliser export price amounted to $X per unit, picking up by 1,082% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +238.5% per year.

Totaliser Imports

Imports into the Philippines

In 2021, imports of continuous and discontinuous totalisers into the Philippines surged to X units, growing by 5,280% on 2020 figures. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, totaliser imports amounted to $X in 2021. Over the period under review, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2015 with an increase of 207% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest totaliser supplier to the Philippines, with a 84% share of total imports. Moreover, totaliser imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The third position in this ranking was held by South Korea (X units), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +59.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+27.3% per year) and South Korea (+62.0% per year).

In value terms, the largest totaliser suppliers to the Philippines were Japan ($X), the United States ($X) and China ($X), with a combined 81% share of total imports. South Africa and South Korea lagged somewhat behind, together accounting for a further 6.5%.

Among the main suppliers, South Africa, with a CAGR of +98.2%, recorded the highest rates of growth with regard to 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

The average totaliser import price stood at $X per unit in 2021, shrinking by -98% against the previous year. In general, the import price saw a dramatic downturn. The pace of growth appeared the most rapid in 2013 an increase of 650% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-11.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for continuous and discontinuous totalisers in the world?

The country with the largest volume of totaliser consumption was South Africa, comprising approx. 60% of total volume. Moreover, totaliser consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, ninefold. The third position in this ranking was occupied by the United States, with a 4.4% share.

What are the largest producers of continuous and discontinuous totalisers in the world?

China constituted the country with the largest volume of totaliser production, accounting for 23% of total volume. Moreover, totaliser production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Germany, with a 6.6% share.

What are the leading suppliers of continuous and discontinuous totalisers to the Philippines?

In value terms, the largest totaliser suppliers to the Philippines were Japan, China and South Africa, together accounting for 69% of total imports.

What is the average export price for continuous and discontinuous totalisers in the Philippines?

The average totaliser export price stood at $9.1 per unit in 2020, which is down by -99.2% against the previous year.

What is the average import price for continuous and discontinuous totalisers in the Philippines?

In 2021, the average totaliser import price amounted to $10,957 per unit, rising by 5.5% against the previous year.

This report provides an in-depth analysis of the totaliser 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 28293130 - Continuous and discontinuous totalisers

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023