Philippines: Data Processing Server Market 2024

Data Processing Server Market Size in the Philippines

The Philippine data processing server market surged to $X in 2022, growing by 34% 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). In general, consumption recorded significant growth. Data processing server consumption peaked in 2022 and is likely to continue growth in years to come.

Data Processing Server Exports

Exports from the Philippines

In 2022, approx. X units of data processing servers were exported from the Philippines; increasing by 5.5% on the previous year. Over the period under review, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by 501% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, data processing server exports surged to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 396% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), the United States (X units) and Bangladesh (X units) were the main destinations of data processing server exports from the Philippines, together accounting for 16% of total exports. Japan, Jamaica, Thailand, Honduras and the UK lagged somewhat behind, together comprising a further 5.2%.

From 2012 to 2021, the biggest increases were recorded for Jamaica (with a CAGR of +107.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for data processing servers exports from the Philippines, comprising 31% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by Bangladesh, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +30.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and Bangladesh (+51.7% per year).

Export Prices by Country

In 2021, the average data processing server export price amounted to $X per unit, which is down by -28.5% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 2,483%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Data Processing Server Imports

Imports into the Philippines

Data processing server imports into the Philippines surged to X units in 2022, increasing by 30% compared with the year before. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 197%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, data processing server imports surged to $X in 2022. In general, imports posted strong growth. The growth pace was the most rapid in 2014 when imports increased by 77% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest data processing server supplier to the Philippines, with a 30% share of total imports. Moreover, data processing server imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), twofold. Japan (X units) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +27.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+12.2% per year) and Japan (+25.6% per year).

In value terms, the largest data processing server suppliers to the Philippines were Singapore ($X), China ($X) and Japan ($X), together comprising 74% of total imports. These countries were followed by the United States, Malaysia, Hong Kong SAR and Taiwan (Chinese), which together accounted for a further 15%.

Taiwan (Chinese), with a CAGR of +60.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average data processing server import price stood at $X per unit in 2021, almost unchanged from the previous year. In general, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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 Malaysia ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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