Report Update Nov 1, 2024

Philippines - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Machinery for Liquefying Air or Gases 2024

Market Size for Machinery for Liquefying Air or Gases in the Philippines

The Philippine air or gas liquefier market shrank to $X in 2022, which is down by -6.9% against the previous year. Over the period under review, consumption, however, continues to indicate a moderate expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Machinery for Liquefying Air or Gases in the Philippines

In value terms, air or gas liquefier production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a tangible expansion. The pace of growth appeared the most rapid in 2017 with an increase of 143% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Machinery for Liquefying Air or Gases

Exports from the Philippines

In 2022, after three years of growth, there was significant decline in overseas shipments of machinery for liquefying air or gases, when their volume decreased by -45.5% to X units. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 400% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted rapidly in the following year.

In value terms, air or gas liquefier exports declined notably to $X in 2022. Overall, exports showed a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 109%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X units) was the main destination for air or gas liquefier exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Taiwan (Chinese) was relatively modest.

In value terms, Taiwan (Chinese) ($X) emerged as the key foreign market for machinery for liquefying air or gases exports from the Philippines.

From 2012 to 2022, the average annual growth rate of value to Taiwan (Chinese) was relatively modest.

Export Prices by Country

In 2022, the average air or gas liquefier export price amounted to $X per unit, reducing by -99.5% against the previous year. In general, the export price recorded a precipitous descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 75% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.2% per year.

Imports of Machinery for Liquefying Air or Gases

Imports into the Philippines

In 2022, air or gas liquefier imports into the Philippines declined rapidly to X units, shrinking by -75% on 2021 figures. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by 25% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, air or gas liquefier imports reduced rapidly to $X in 2022. Over the period under review, imports recorded a slight contraction. The pace of growth appeared the most rapid in 2017 with an increase of 575% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main air or gas liquefier supplier to the Philippines, with a approx. 100% share of total imports.

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

In value terms, China ($X) constituted the largest supplier of machinery for liquefying air or gases to the Philippines, comprising 72% of total imports. The second position in the ranking was held by Japan ($X), with a 2.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-24.2% per year) and South Korea (+36.2% per year).

Import Prices by Country

The average air or gas liquefier import price stood at $X per unit in 2022, jumping by 265% against the previous year. In general, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2014 when the average import price increased by 520%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+48.5%), 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 machinery for liquefying air or other gases in the world?

The countries with the highest volumes of in 2021 were China, the United States and Russia, with a combined 35% share of global consumption. These countries were followed by India, Japan, Germany, Brazil, Indonesia, France, South Africa, Mexico, Hong Kong SAR and Turkey, which together accounted for a further 34%.

What are the largest producers of machinery for liquefying air or other gases in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 40% share of global production.

What are the leading suppliers of machinery for liquefying air or other gases to the Philippines?

In value terms, China constituted the largest supplier of air liquefyer to the Philippines.

What is the average export price for machinery for liquefying air or other gases in the Philippines?

In 2021, the average air liquefyer export price amounted to $13,742 per unit, surging by 15% against the previous year.

What is the average import price for machinery for liquefying air or other gases in the Philippines?

In 2021, the average air liquefyer import price amounted to $916 per unit, declining by -58.6% against the previous year.

This report provides an in-depth analysis of the market for air or gas liquefier 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 28251150 - Machinery for liquefying air or other gases

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