Report Update Nov 1, 2024

Philippines - Medical, Surgical or Laboratory Sterilisers - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Medical Steriliser Market 2024

Medical Steriliser Exports

Exports from the Philippines

After two years of decline, shipments abroad of medical, surgical or laboratory sterilisers increased by 32% to X units in 2022. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 285%. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, medical steriliser exports surged to $X in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 480%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for medical steriliser exports from the Philippines, with a 48% share of total exports. It was followed by Greece (X units), with a 1.5% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to the Netherlands was relatively modest.

In value terms, the Netherlands ($X) emerged as the key foreign market for medical, surgical or laboratory sterilisers exports from the Philippines, comprising 49% of total exports. The second position in the ranking was held by Greece ($X), with a 0.5% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (0.0% per year) and Brunei Darussalam (-95.6% per year).

Export Prices by Country

The average medical steriliser export price stood at $X per unit in 2022, waning by -3.6% against the previous year. In general, the export price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 109%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+123.2%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Steriliser Imports

Imports into the Philippines

In 2022, purchases abroad of medical, surgical or laboratory sterilisers decreased by -64.7% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by 128%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, medical steriliser imports fell remarkably to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 101%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), South Korea (X units) and Germany (X units) were the main suppliers of medical steriliser imports to the Philippines, with a combined 43% share of total imports. These countries were followed by Spain, the United States, Italy, Japan, Taiwan (Chinese) and India, which together accounted for a further 52%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +27.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical steriliser suppliers to the Philippines were China ($X), South Korea ($X) and Germany ($X), with a combined 43% share of total imports. Spain, the United States, Italy, Japan, Taiwan (Chinese) and India lagged somewhat behind, together comprising a further 52%.

Spain, with a CAGR of +26.0%, recorded 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 medical steriliser import price amounted to $X per unit, increasing by 27% against the previous year. In general, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 98% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and India ($X per unit), while the price for Italy ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.9%), 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 medical, surgical or laboratory sterilisers in the world?

China remains the largest medical steriliser consuming country worldwide, accounting for 33% of total volume. Moreover, medical steriliser consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 7.7% share.

What are the largest producers of medical, surgical or laboratory sterilisers in the world?

China constituted the country with the largest volume of medical steriliser production, comprising approx. 36% of total volume. Moreover, medical steriliser production in China exceeded the figures recorded by the second-largest producer, Italy, fourfold. The third position in this ranking was occupied by the United States, with a 7.2% share.

What are the leading suppliers of medical, surgical or laboratory sterilisers to the Philippines?

In value terms, Japan constituted the largest supplier of medical steriliser to the Philippines, comprising 49% of total imports. The second position in the ranking was occupied by China, with a 16% share of total imports. It was followed by South Korea, with a 6.4% share.

What are the leading importers of medical, surgical or laboratory sterilisers from the Philippines?

In value terms, Thailand, Indonesia and Brunei Darussalam appeared to be the largest markets for medical steriliser exported from the Philippines worldwide, with a combined 90% share of total exports.

What is the average export price for medical, surgical or laboratory sterilisers in the Philippines?

The average medical steriliser export price stood at $131 per unit in 2021, dropping by -80.3% against the previous year.

What is the average import price for medical, surgical or laboratory sterilisers in the Philippines?

The average medical steriliser import price stood at $234 per unit in 2021, which is down by -6.8% against the previous year.

This report provides an in-depth analysis of the medical steriliser 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 32501200 - Medical, surgical or laboratory sterilisers

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