Report Update Nov 1, 2024

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

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Philippines: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Exports

Exports from the Philippines

After three years of decline, shipments abroad of industrial machinery for the manufacture or preparation of sugar decreased by -52.9% to X units in 2022. In general, exports recorded a dramatic downturn. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery exports fell markedly to $X in 2022. Overall, exports continue to indicate a dramatic decline. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Pakistan (X units) and India (X units) were the main destinations of sugar-manufacturing industrial machinery exports from the Philippines.

From 2014 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +9.1%).

In value terms, India ($X) and Pakistan ($X) constituted the largest markets for sugar-manufacturing industrial machinery exported from the Philippines worldwide.

India, with a CAGR of +8.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average sugar-manufacturing industrial machinery export price amounted to $X per unit, growing by 6.3% against the previous year. Overall, the export price continues to indicate a prominent increase. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Pakistan stood at $X per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.2%).

Sugar-Manufacturing Industrial Machinery Imports

Imports into the Philippines

Sugar-manufacturing industrial machinery imports into the Philippines reduced to X units in 2022, waning by -10.6% on 2021 figures. Overall, imports, however, saw a modest increase. The most prominent rate of growth was recorded in 2016 when imports increased by 1,379% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery imports dropped sharply to $X in 2022. In general, imports recorded a pronounced slump. The growth pace was the most rapid in 2016 when imports increased by 1,528%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X units) constituted the largest supplier of sugar-manufacturing industrial machinery to the Philippines, accounting for a 76% share of total imports. Moreover, sugar-manufacturing industrial machinery imports from India exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was held by Thailand (X units), with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.2% per year) and Thailand (+21.9% per year).

In value terms, India ($X), Thailand ($X) and Australia ($X) constituted the largest sugar-manufacturing industrial machinery suppliers to the Philippines, with a combined 94% share of total imports.

Thailand, with a CAGR of +29.3%, saw the highest growth rate of the value of imports, among 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 2022, the average sugar-manufacturing industrial machinery import price amounted to $X per unit, falling by -48.6% against the previous year. Overall, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 an increase of 39%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+24.9%), 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 sugar in the world?

The countries with the highest volumes of sugar-manufacturing industrial machinery consumption in 2021 were South Africa, India and Indonesia, together accounting for 42% of global consumption. These countries were followed by Italy, Thailand, Germany, Poland, Belgium, Spain, Belarus, Romania, Paraguay and the Czech Republic, which together accounted for a further 39%.

What are the largest producers of industrial machinery for the manufacture or preparation of sugar in the world?

The countries with the highest volumes of sugar-manufacturing industrial machinery production in 2021 were India, South Africa and Italy, together comprising 56% of global production. Germany, Thailand, Spain, Belgium, the Czech Republic, Romania, Poland and Paraguay lagged somewhat behind, together accounting for a further 37%.

What are the leading suppliers of industrial machinery for the manufacture or preparation of sugar to the Philippines?

In value terms, France constituted the largest supplier of sugar-manufacturing industrial machinery to the Philippines, comprising 44% of total imports. The second position in the ranking was occupied by the United States, with a 15% share of total imports. It was followed by Thailand, with a 14% share.

What are the leading importers of industrial machinery for the manufacture or preparation of sugar from the Philippines?

In value terms, India remains the key foreign market for sugar-manufacturing industrial machinery exports from the Philippines, comprising 82% of total exports. The second position in the ranking was occupied by Pakistan, with an 18% share of total exports.

What is the average export price for industrial machinery for the manufacture or preparation of sugar in the Philippines?

In 2021, the average sugar-manufacturing industrial machinery export price amounted to $1,491 per unit, picking up by 11% against the previous year.

What is the average import price for industrial machinery for the manufacture or preparation of sugar in the Philippines?

The average sugar-manufacturing industrial machinery import price stood at $7,720 per unit in 2021, waning by -20.7% against the previous year.

This report provides an in-depth analysis of the sugar-manufacturing 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 28931730 - Industrial machinery for the manufacture or preparation of sugar

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