Report Update Nov 1, 2024

Philippines - Pedestrian-Controlled Tractors - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Pedestrian-Controlled Tractor Market 2024

Pedestrian-Controlled Tractor Exports

Exports from the Philippines

In 2022, shipments abroad of pedestrian-controlled tractors increased by 50% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 1,000%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, pedestrian-controlled tractor exports skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 20,148%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Thailand (X units) was the main destination for pedestrian-controlled tractor exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Thailand totaled -25.3%.

In value terms, Thailand ($X) emerged as the key foreign market for pedestrian-controlled tractors exports from the Philippines, comprising 93% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 3.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand totaled +4.6%.

Export Prices by Country

The average pedestrian-controlled tractor export price stood at $X per unit in 2022, surging by 69% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 1,894%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per unit), while the average price for exports to Thailand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+234.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pedestrian-Controlled Tractor Imports

Imports into the Philippines

In 2022, supplies from abroad of pedestrian-controlled tractors increased by 285% to X units, rising for the second year in a row after five years of decline. In general, imports, however, recorded a drastic downturn. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, pedestrian-controlled tractor imports soared to $X in 2022. Overall, imports, however, saw a slight shrinkage. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest pedestrian-controlled tractor supplier to the Philippines, accounting for a 43% share of total imports. Moreover, pedestrian-controlled tractor imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. China (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-16.3% per year) and China (-5.7% per year).

In value terms, the United States ($X) constituted the largest supplier of pedestrian-controlled tractors to the Philippines, comprising 43% of total imports. The second position in the ranking was held by Japan ($X), with a 20% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-5.4% per year) and China (+7.3% per year).

Import Prices by Country

The average pedestrian-controlled tractor import price stood at $X per unit in 2022, waning by -18.3% against the previous year. Overall, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 58%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then dropped rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and China ($X per unit), while the price for Switzerland ($X per unit) and Thailand ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+29.6%), 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 pedestrian-controlled tractors in the world?

The country with the largest volume of pedestrian-controlled tractor consumption was China, comprising approx. 16% of total volume. Moreover, pedestrian-controlled tractor consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of pedestrian-controlled tractors in the world?

China constituted the country with the largest volume of pedestrian-controlled tractor production, accounting for 18% of total volume. Moreover, pedestrian-controlled tractor production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 6.3% share.

What are the leading suppliers of pedestrian-controlled tractors to the Philippines?

In value terms, South Korea constituted the largest supplier of pedestrian-controlled tractor to the Philippines, comprising 36% of total imports. The second position in the ranking was occupied by Japan, with an 18% share of total imports. It was followed by the United States, with a 14% share.

What are the leading importers of pedestrian-controlled tractors from the Philippines?

In value terms, Japan remains the key foreign market for pedestrian-controlled tractor exports from the Philippines.

What is the average export price for pedestrian-controlled tractors in the Philippines?

In 2021, the average pedestrian-controlled tractor export price amounted to $7,398 per unit, surging by 10% against the previous year.

What is the average import price for pedestrian-controlled tractors in the Philippines?

In 2021, the average pedestrian-controlled tractor import price amounted to $4,134 per unit, shrinking by -24.1% against the previous year.

This report provides an in-depth analysis of the pedestrian-controlled tractor 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 28301000 - Pedestrian-controlled tractors

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