Report Update Jan 1, 2025

Philippines - Lifting, Handling, Loading or Unloading Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Loading Machinery Market 2025

Loading Machinery Exports

Exports from the Philippines

In 2022, shipments abroad of lifting, handling, loading or unloading machinery decreased by -27.5% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 1,133% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, loading machinery exports reduced sharply to $X in 2022. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 915% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units), Japan (X units) and Indonesia (X units) were the main destinations of loading machinery exports from the Philippines, with a combined 94% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +65.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for loading machinery exported from the Philippines were China ($X), Japan ($X) and Indonesia ($X), together accounting for 95% of total exports.

In terms of the main countries of destination, Indonesia, with a CAGR of +192.1%, saw the highest rates of growth with regard to 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 2022, the average loading machinery export price amounted to $X per unit, declining by -11.4% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 205% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Norway ($X per unit) and Japan ($X per unit), while the average price for exports to Singapore ($X per unit) and Indonesia ($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 the United Arab Emirates (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Loading Machinery Imports

Imports into the Philippines

In 2022, after two years of growth, there was significant decline in supplies from abroad of lifting, handling, loading or unloading machinery, when their volume decreased by -12.5% to X units. In general, imports, however, saw a modest expansion. The pace of growth was the most pronounced in 2016 when imports increased by 124% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, loading machinery imports shrank to $X in 2022. Overall, imports, however, showed a resilient increase. The growth pace was the most rapid in 2016 with an increase of 76%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

China (X units), Japan (X units) and Taiwan (Chinese) (X units) were the main suppliers of loading machinery imports to the Philippines, with a combined 76% share of total imports. These countries were followed by Singapore, South Korea, the United States, Thailand, Germany and Italy, which together accounted for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +35.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) appeared to be the largest loading machinery suppliers to the Philippines, together comprising 76% of total imports. These countries were followed by Singapore, South Korea, the United States, Thailand, Germany and Italy, which together accounted for a further 18%.

Italy, with a CAGR of +78.0%, recorded 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

The average loading machinery import price stood at $X per unit in 2022, picking up by 3.7% against the previous year. Overall, the import price posted a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 74%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.3%), 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 lifting, handling, loading or unloading machinery in the world?

The countries with the highest volumes of loading machinery consumption in 2020 were China, the United States and India, with a combined 50% share of global consumption. Japan, Hungary, Germany, Mexico, France, Australia, South Korea and Ethiopia lagged somewhat behind, together comprising a further 20%.

What are the largest producers of lifting, handling, loading or unloading machinery in the world?

The country with the largest volume of loading machinery production was China, comprising approx. 35% of total volume. Moreover, loading machinery production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Germany, with an 8.2% share.

What are the leading suppliers of lifting, handling, loading or unloading machinery to the Philippines?

In value terms, the largest loading machinery suppliers to the Philippines were China, Japan and Germany, with a combined 61% share of total imports. Indonesia, Belgium, Thailand and Vietnam lagged somewhat behind, together accounting for a further 13%.

What are the leading importers of lifting, handling, loading or unloading machinery from the Philippines?

In value terms, Japan remains the key foreign market for loading machinery exports from the Philippines.

What is the average export price for lifting, handling, loading or unloading machinery in the Philippines?

In 2020, the average loading machinery export price amounted to $1,077 per unit, jumping by 79% against the previous year.

What is the average import price for lifting, handling, loading or unloading machinery in the Philippines?

In 2020, the average loading machinery import price amounted to $1,572 per unit, waning by -23.4% against the previous year.

This report provides an in-depth analysis of the loading 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
Prodcom 28221850 - Loading machinery specially designed for agricultural use

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