Report Update Jan 1, 2025

Philippines - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Industrial Bakery Machinery Market 2025

Industrial Bakery Machinery Exports

Exports from the Philippines

In 2022, overseas shipments of industrial bakery machinery decreased by -35.8% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 303%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, industrial bakery machinery exports fell dramatically to $X in 2022. Overall, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of 300% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X units), Vietnam (X units) and India (X units) were the main destinations of industrial bakery machinery exports from the Philippines, with a combined 70% share of total exports. These countries were followed by Bulgaria, China and Pakistan, which together accounted for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +90.5%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Vietnam ($X) and India ($X) constituted the largest markets for industrial bakery machinery exported from the Philippines worldwide, with a combined 70% share of total exports.

Australia, with a CAGR of +173.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average industrial bakery machinery export price amounted to $X per unit, with a decrease of -6.2% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 67%. The export price peaked at $X per unit in 2021, and then contracted in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($X per unit) and India ($X per unit), while the average price for exports to Australia ($X per unit) and Bulgaria ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Bakery Machinery Imports

Imports into the Philippines

In 2022, the amount of industrial bakery machinery imported into the Philippines fell dramatically to X units, shrinking by -43.8% compared with 2021. Overall, imports continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 83%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial bakery machinery imports fell notably to $X in 2022. In general, imports, however, posted temperate growth. The growth pace was the most rapid in 2018 with an increase of 199%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United States (X units), Japan (X units) and China (X units) were the main suppliers of industrial bakery machinery imports to the Philippines, with a combined 69% share of total imports. Taiwan (Chinese), the UK, Italy, France, the Netherlands and Germany lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +37.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and China ($X) were the largest industrial bakery machinery suppliers to the Philippines, together comprising 69% of total imports.

Among the main suppliers, Japan, with a CAGR of +30.2%, 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 2022, the average industrial bakery machinery import price amounted to $X per unit, falling by -5.5% against the previous year. Overall, the import price, however, saw a strong increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 142%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and China ($X per unit), while the price for Germany ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.8%), 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 industrial bakery machinery in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together accounting for 85% of global consumption.

What are the largest producers of industrial bakery machinery in the world?

China constituted the country with the largest volume of industrial bakery machinery production, comprising approx. 77% of total volume. Moreover, industrial bakery machinery production in China exceeded the figures recorded by the second-largest producer, Italy, more than tenfold. The third position in this ranking was occupied by India, with a 2.5% share.

What are the leading suppliers of industrial bakery machinery to the Philippines?

In value terms, China, the United States and Italy constituted the largest industrial bakery machinery suppliers to the Philippines, with a combined 63% share of total imports. Japan, Germany and Taiwan Chinese) lagged somewhat behind, together comprising a further 34%.

What are the leading importers of industrial bakery machinery from the Philippines?

In value terms, Australia remains the key foreign market for industrial bakery machinery exports from the Philippines, comprising 48% of total exports. The second position in the ranking was occupied by the United States, with a 23% share of total exports. It was followed by Taiwan Chinese), with a 14% share.

What is the average export price for industrial bakery machinery in the Philippines?

In 2021, the average industrial bakery machinery export price amounted to $4,027 per unit, rising by 61% against the previous year.

What is the average import price for industrial bakery machinery in the Philippines?

The average industrial bakery machinery import price stood at $943 per unit in 2021, with an increase of 21% against the previous year.

This report provides an in-depth analysis of the industrial bakery machinery 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 28931713 - Industrial bakery machinery (excluding non-electric ovens)

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