Report Philippines - Industrial Machinery for the Manufacture or Preparation of Confectionery, Cocoa or Chocolate - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Philippines - Industrial Machinery for the Manufacture or Preparation of Confectionery, Cocoa or Chocolate - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Exports

Exports from the Philippines

In 2022, shipments abroad of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate increased by 600% to X units, rising for the second consecutive year after five years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports surged to $X in 2022. In general, exports enjoyed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan (X units) was the main destination for confectionery-making industrial machinery exports from the Philippines, accounting for a 95% share of total exports. Moreover, confectionery-making industrial machinery exports to Uzbekistan exceeded the volume sent to the second major destination, Colombia (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uzbekistan was relatively modest.

In value terms, Uzbekistan ($X) emerged as the key foreign market for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exports from the Philippines, comprising 94% of total exports. The second position in the ranking was held by Colombia ($X), with a 6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Uzbekistan was relatively modest.

Export Prices by Country

The average confectionery-making industrial machinery export price stood at $X per unit in 2022, growing by 130% against the previous year. Over the period under review, the export price showed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Uzbekistan totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+156.2%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into the Philippines

In 2022, supplies from abroad of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed strong growth. The growth pace was the most rapid in 2014 with an increase of 502% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, confectionery-making industrial machinery imports surged to $X in 2022. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 570%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of confectionery-making industrial machinery imports to the Philippines, together accounting for 72% of total imports. These countries were followed by the UK, the Netherlands, Japan and South Korea, which together accounted for a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +29.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery-making industrial machinery suppliers to the Philippines were Germany ($X), China ($X) and Italy ($X), with a combined 72% share of total imports. These countries were followed by the UK, the Netherlands, Japan, South Korea and Canada, which together accounted for a further 20%.

Among the main suppliers, Japan, with a CAGR of +43.3%, 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

In 2022, the average confectionery-making industrial machinery import price amounted to $X per unit, reducing by -7% against the previous year. In general, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 109% against the previous year. The import price peaked at $X per unit in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($X per unit) and the UK ($X per unit), while the price for the Netherlands ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+30.0%), 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 machinery for the manufacture or preparation of confectionery, cocoa or chocolate in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 35% share of global consumption. These countries were followed by Russia, Brazil, Germany, the Netherlands, Japan, Italy, the UK, Iran, Ghana and France, which together accounted for a further 26%.

What are the largest producers of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in the world?

China constituted the country with the largest volume of confectionery-making industrial machinery production, accounting for 25% of total volume. Moreover, confectionery-making industrial machinery production in China exceeded the figures recorded by the second-largest producer, Germany, twofold. The third position in this ranking was occupied by India, with a 7.2% share.

What are the leading suppliers of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate to the Philippines?

In value terms, the largest confectionery-making industrial machinery suppliers to the Philippines were China, Denmark and the United States, together accounting for 49% of total imports. These countries were followed by Turkey, Belgium, Thailand and South Korea, which together accounted for a further 26%.

What are the leading importers of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate from the Philippines?

In value terms, Indonesia emerged as the key foreign market for confectionery-making industrial machinery exports from the Philippines, comprising 49% of total exports. The second position in the ranking was occupied by Singapore, with a 24% share of total exports. It was followed by Belgium, with an 11% share.

What is the average export price for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in the Philippines?

The average confectionery-making industrial machinery export price stood at $1,296 per unit in 2021, rising by 93% against the previous year.

What is the average import price for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in the Philippines?

In 2021, the average confectionery-making industrial machinery import price amounted to $2,063 per unit, reducing by -37.8% against the previous year.

This report provides an in-depth analysis of the confectionery-making industrial 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 28931720 - Industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate

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