Report Philippines - Machinery for Filling, Closing, Sealing, Capsuling or Labelling Containers - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Philippines - Machinery for Filling, Closing, Sealing, Capsuling or Labelling Containers - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in the Philippines

In 2021, the Philippine filling containers machinery market decreased by -0.8% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, enjoyed a noticeable expansion. Filling containers machinery consumption peaked at $X in 2020, and then declined in the following year.

Filling Containers Machinery Production in the Philippines

In value terms, filling containers machinery production reached $X in 2021 estimated in export price. In general, production, however, recorded a moderate expansion. The growth pace was the most rapid in 2017 with an increase of 154%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Filling Containers Machinery Exports

Exports from the Philippines

In 2021, shipments abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by -14.4% to X units for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 3,184%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, filling containers machinery exports expanded slightly to $X in 2021. Over the period under review, exports showed a abrupt decline. The growth pace was the most rapid in 2019 with an increase of 722% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X units) was the main destination for filling containers machinery exports from the Philippines, accounting for a approx. 98% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan amounted to +73.9%.

In value terms, Japan ($X) also remains the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from the Philippines.

From 2012 to 2021, the average annual growth rate of value to Japan stood at +98.5%.

Export Prices by Country

The average filling containers machinery export price stood at $X per unit in 2021, rising by 20% against the previous year. Overall, the export price, however, recorded a dramatic descent. The pace of growth was the most pronounced in 2015 an increase of 695%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2021, the rate of growth in terms of prices for Vietnam amounted to +22.6% per year.

Filling Containers Machinery Imports

Imports into the Philippines

After three years of growth, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by -18.7% to X units in 2021. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 264%. Over the period under review, imports hit record highs at X units in 2020, and then contracted notably in the following year.

In value terms, filling containers machinery imports contracted to $X in 2021. Overall, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2013 when imports increased by 130% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, China (X units) constituted the largest filling containers machinery supplier to the Philippines, with a 61% share of total imports. Moreover, filling containers machinery imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), eightfold. The third position in this ranking was taken by Japan (X units), with a 5.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +29.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+47.3% per year) and Japan (+32.7% per year).

In value terms, Italy ($X), Germany ($X) and Japan ($X) constituted the largest filling containers machinery suppliers to the Philippines, with a combined 52% share of total imports.

Japan, with a CAGR of +45.4%, 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

The average filling containers machinery import price stood at $X per unit in 2021, rising by 12% against the previous year. In general, the import price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 88% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+9.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for filling, closing, sealing, capsuling or labelling containers in the world?

The countries with the highest volumes of in 2021 were the United States, China and Nigeria, together comprising 55% of global consumption.

What are the largest producers of machinery for filling, closing, sealing, capsuling or labelling containers in the world?

The country with the largest volume of filling containers machinery production was China, accounting for 48% of total volume. Moreover, filling containers machinery production in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. Italy ranked third in terms of total production with a 10% share.

What are the leading suppliers of machinery for filling, closing, sealing, capsuling or labelling containers to the Philippines?

In value terms, the largest filling containers machinery suppliers to the Philippines were Germany, Japan and China, together accounting for 46% of total imports.

What are the leading importers of machinery for filling, closing, sealing, capsuling or labelling containers from the Philippines?

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

What is the average export price for machinery for filling, closing, sealing, capsuling or labelling containers in the Philippines?

In 2021, the average filling containers machinery export price amounted to $904 per unit, dropping by -56.8% against the previous year.

What is the average import price for machinery for filling, closing, sealing, capsuling or labelling containers in the Philippines?

In 2021, the average filling containers machinery import price amounted to $2,331 per unit, picking up by 8.2% against the previous year.

This report provides an in-depth analysis of the filling containers 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 28292150 - Machinery for filling, closing, sealing, capsuling or labelling bottles, cans, boxes, bags or other containers, machinery for aerating beverages

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