Report Update Nov 1, 2024

Philippines - Poultry Incubators and Brooders - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Poultry Incubator Market 2024

Poultry Incubator Exports

Exports from the Philippines

In 2022, poultry incubator exports from the Philippines shrank markedly to X units, which is down by -50% on the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, poultry incubator exports amounted to $X in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2015 when exports increased by 286%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Malaysia (X units) was the main destination for poultry incubator 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 Malaysia was relatively modest.

In value terms, Malaysia ($X) also remains the key foreign market for poultry incubators and brooders exports from the Philippines.

From 2012 to 2022, the average annual growth rate of value to Malaysia totaled +65.4%.

Export Prices by Country

In 2022, the average poultry incubator export price amounted to $X per unit, jumping by 154% against the previous year. Overall, the export price recorded a significant expansion. The growth pace was the most rapid in 2013 when the average export price increased by 2,391%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +55.9% per year.

Poultry Incubator Imports

Imports into the Philippines

For the fourth year in a row, the Philippines recorded decline in supplies from abroad of poultry incubators and brooders, which decreased by -3.7% to X units in 2022. Overall, imports showed a deep slump. The growth pace was the most rapid in 2016 when imports increased by 371% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, poultry incubator imports amounted to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 284%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Malaysia (X units) constituted the largest supplier of poultry incubator to the Philippines, with a 49% share of total imports. Moreover, poultry incubator imports from Malaysia exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold. The third position in this ranking was taken by Canada (X units), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-4.4% per year) and Canada (+3.3% per year).

In value terms, Malaysia ($X) constituted the largest supplier of poultry incubators and brooders to the Philippines, comprising 49% of total imports. The second position in the ranking was held by Belgium ($X), with a 24% share of total imports. It was followed by Canada, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia totaled +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-0.2% per year) and Canada (+12.1% per year).

Import Prices by Country

The average poultry incubator import price stood at $X per unit in 2022, growing by 6.5% against the previous year. In general, the import price showed resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 132% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per unit) and the United States ($X per unit), while the price for Canada ($X per unit) and the UK ($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 (+24.6%), 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 poultry incubators and brooders in the world?

The countries with the highest volumes of poultry incubator consumption in 2021 were China, the United States and India, with a combined 56% share of global consumption. Romania, Japan, Russia, Germany, Pakistan, Brazil, the UK, France and Nigeria lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of poultry incubators and brooders in the world?

The countries with the highest volumes of poultry incubator production in 2021 were China, the United States and India, with a combined 58% share of global production. Romania, Japan, Germany, Russia, Pakistan, Brazil, the UK and France lagged somewhat behind, together comprising a further 23%.

What are the leading suppliers of poultry incubators and brooders to the Philippines?

In value terms, Malaysia constituted the largest supplier of poultry incubator to the Philippines, comprising 64% of total imports. The second position in the ranking was occupied by Canada, with an 8.2% share of total imports. It was followed by Belgium, with a 7.5% share.

What are the leading importers of poultry incubators and brooders from the Philippines?

In value terms, Malaysia remains the key foreign market for poultry incubator exports from the Philippines, comprising 94% of total exports. The second position in the ranking was occupied by Spain $390), with a 5.8% share of total exports.

What is the average export price for poultry incubators and brooders in the Philippines?

In 2021, the average poultry incubator export price amounted to $3,110 per unit, reducing by -66% against the previous year.

What is the average import price for poultry incubators and brooders in the Philippines?

The average poultry incubator import price stood at $9,381 per unit in 2021, growing by 57% against the previous year.

This report provides an in-depth analysis of the poultry incubator 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 28308400 - Poultry incubators and brooders

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