Philippines: Electronic Material Tester Market 2025

Electronic Material Tester Market Size in the Philippines

The Philippine electronic material tester market shrank sharply to $X in 2021, declining by -18.9% 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, however, continues to indicate a deep reduction. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Electronic Material Tester Exports

Exports from the Philippines

In 2021, overseas shipments of electronic machines and appliances for testing materials were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 5,031%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, electronic material tester exports soared to $X in 2021. Overall, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 9,603%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units), South Korea (X units) and Japan (X units) were the main destinations of electronic material tester exports from the Philippines, with a combined 99% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +48.9%), while the other leaders experienced a decline.

In value terms, the largest markets for electronic material tester exported from the Philippines were the United States ($X), South Korea ($X) and Japan ($X), together accounting for 99% of total exports.

In terms of the main countries of destination, South Korea, with a CAGR of +56.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average electronic material tester export price amounted to $X per unit, rising by 11% against the previous year. Overall, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 89% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to the United States ($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 Taiwan (Chinese) (+68.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports

Imports into the Philippines

In 2021, purchases abroad of electronic machines and appliances for testing materials was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 111% against the previous year. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic material tester imports reduced markedly to $X in 2021. Overall, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2017 when imports increased by 77% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Malaysia (X units) and the United States (X units) were the main suppliers of electronic material tester imports to the Philippines, together accounting for 54% of total imports. Japan, Germany, Taiwan (Chinese), Italy and South Korea lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +34.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest electronic material tester suppliers to the Philippines were China ($X), Malaysia ($X) and the United States ($X), with a combined 54% share of total imports. These countries were followed by Japan, Germany, Taiwan (Chinese), Italy and South Korea, which together accounted for a further 28%.

Italy, with a CAGR of +50.0%, saw the highest growth rate of 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

In 2021, the average electronic material tester import price amounted to $X per unit, which is down by -40.3% against the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 147% against the previous year. The import price peaked at $X per unit in 2020, and then contracted notably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Italy ($X per unit) and Malaysia ($X per unit), while the price for South Korea ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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