
Philippines - Domestic, Non-Electric, Cooking or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights
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Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in the Philippines
The Philippine market for domestic, non-electric, cooking or heating appliances was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption posted a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Exports of Domestic, Non-Electric, Cooking Or Heating Appliances
Exports from the Philippines
In 2021, overseas shipments of domestic, non-electric, cooking or heating appliances increased by 3.3% to X tons, rising for the second year in a row after two years of decline. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 560% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the near future.
In value terms, exports of domestic, non-electric, cooking or heating appliances surged to $X in 2021. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 419%. Over the period under review, the exports of hit record highs in 2021 and are likely to see gradual growth in the near future.
Exports by Country
Saudi Arabia (X tons) was the main destination for exports of domestic, non-electric, cooking or heating appliances from the Philippines, accounting for a 49% share of total exports. Moreover, exports of domestic, non-electric, cooking or heating appliances to Saudi Arabia exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. Vietnam (X tons) ranked third in terms of total exports with a 7.5% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia totaled +118.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+231.7% per year) and Vietnam (+12.2% per year).
In value terms, Saudi Arabia ($X) emerged as the key foreign market for domestic, non-electric, cooking or heating appliances exports from the Philippines, comprising 67% of total exports. The second position in the ranking was held by the Netherlands ($X), with an 8.8% share of total exports. It was followed by Vietnam, with a 5% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia totaled +138.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+286.1% per year) and Vietnam (+6.7% per year).
Export Prices by Country
The average export price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, jumping by 25% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 111%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+329.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Domestic, Non-Electric, Cooking Or Heating Appliances
Imports into the Philippines
In 2021, purchases abroad of domestic, non-electric, cooking or heating appliances was finally on the rise to reach X tons after three years of decline. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 40%. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.
In value terms, imports of domestic, non-electric, cooking or heating appliances surged to $X in 2021. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to the Philippines, with a 77% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+19.7% per year) and Italy (+18.3% per year).
In value terms, China ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliances to the Philippines, comprising 76% of total imports. The second position in the ranking was held by Turkey ($X), with a 7.7% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +30.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+26.1% per year) and Italy (+33.5% per year).
Import Prices by Country
The average import price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, surging by 14% against the previous year. Overall, the import price showed resilient growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 97% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for domestic, non-electric, cooking or heating appliance 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 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)
- Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)
- Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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