Report Update Feb 1, 2025

Philippines - Machines for the Manufacture of Flat Panel Displays - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Machines For The Manufacture Of Flat Panel Displays 2022

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports from the Philippines

In 2021, exports of machines for the manufacture of flat panel displays from the Philippines skyrocketed to X units, jumping by 50% against the previous year. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 100% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, panel display manufacturing machine exports contracted significantly to $X in 2021. Overall, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 445%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia (X units) was the main destination for panel display manufacturing machine exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Malaysia stood at +56.5%.

In value terms, Malaysia ($X), South Korea ($X) and Singapore ($X) appeared to be the largest markets for panel display manufacturing machine exported from the Philippines worldwide, with a combined 99.9% share of total exports.

South Korea, with a CAGR of +8.0%, recorded 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, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average panel display manufacturing machine export price amounted to $X per unit, shrinking by -47.2% against the previous year. In general, the export price recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 32%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+41.4%), while the prices for the other major destinations experienced a decline.

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports into the Philippines

In 2021, overseas purchases of machines for the manufacture of flat panel displays decreased by -86% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports saw a sharp decline. The most prominent rate of growth was recorded in 2019 with an increase of 123% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, panel display manufacturing machine imports skyrocketed to $X in 2021. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 111%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Malaysia (X units) constituted the largest panel display manufacturing machine supplier to the Philippines, with a 79% share of total imports. Moreover, panel display manufacturing machine imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. South Korea (X units) ranked third in terms of total imports with a 0.9% share.

From 2017 to 2021, the average annual growth rate of volume from Malaysia totaled -86.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.2% per year) and South Korea (-73.8% per year).

In value terms, China ($X) constituted the largest supplier of panel display manufacturing machine to the Philippines, comprising 75% of total imports. The second position in the ranking was taken by South Korea ($X), with a 15% share of total imports. It was followed by Japan, with a 5.1% share.

From 2017 to 2021, the average annual growth rate of value from China amounted to +180.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+4.5% per year) and Japan (-21.0% per year).

Import Prices by Country

In 2021, the average panel display manufacturing machine import price amounted to $X per unit, with an increase of 1,087% against the previous year. In general, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+747.8%), 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 machines for the manufacture of flat panel displays in the world?

China constituted the country with the largest volume of panel display manufacturing machine consumption, accounting for 65% of total volume. Moreover, panel display manufacturing machine consumption in China exceeded the figures recorded by the second-largest consumer, Japan, threefold.

What are the largest producers of machines for the manufacture of flat panel displays in the world?

The countries with the highest volumes of in 2021 were Japan, South Korea and Taiwan Chinese), with a combined 99% share of global production.

What are the leading suppliers of machines for the manufacture of flat panel displays to the Philippines?

In value terms, Japan constituted the largest supplier of panel display manufacturing machine to the Philippines, comprising 92% of total imports. The second position in the ranking was occupied by South Korea, with a 4.7% share of total imports.

What is the average export price for machines for the manufacture of flat panel displays in the Philippines?

The average panel display manufacturing machine export price stood at $124 per unit in 2021, with a decrease of -97.3% against the previous year.

What is the average import price for machines for the manufacture of flat panel displays in the Philippines?

In 2021, the average panel display manufacturing machine import price amounted to $20,944 per unit, with an increase of 92% against the previous year.

This report provides an in-depth analysis of the market for panel display manufacturing machine 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 28992060 - Machines and apparatus used solely or principally for the manufacture of flat panel displays

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