Philippines - Seeders, Planters, Transplanters - Market Analysis, Forecast, Size, Trends and Insights
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Seeder And Planter Market Size in the Philippines
The Philippine seeder and planter market was estimated at less than $X in 2021, approximately equating the previous year. In general, consumption, however, faced a sharp reduction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.
Seeder And Planter Production in the Philippines
In value terms, seeder and planter production totaled less than $X in 2021 estimated in export price. Over the period under review, production, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 12%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.
Seeder And Planter Exports
Exports from the Philippines
In 2014, exports of seeders, planters, transplanters from the Philippines soared to X units, rising by 150% compared with the previous year. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, seeder and planter exports fell to $X in 2014. In general, exports, however, saw a abrupt shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2014, the exports remained at a lower figure.
Exports by Country
From 2012 to 2017, the average annual growth rate of volume to No country was relatively modest.
From 2012 to 2017, the average annual rate of growth in terms of value to No country was relatively modest.
Export Prices by Country
The average seeder and planter export price stood at $X per unit in 2014, with a decrease of -65% against the previous year. In general, the export price recorded a dramatic setback. The most prominent rate of growth was recorded in 2013 an increase of 12% against the previous year. As a result, the export price attained the peak level of $X per unit, and then reduced remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2014, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Vietnam ($X per unit) was amongst the lowest.
From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-17.7%).
Seeder And Planter Imports
Imports into the Philippines
In 2018, after six years of growth, there was significant decline in purchases abroad of seeders, planters, transplanters, when their volume decreased by -50.5% to X units. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 170%. Over the period under review, imports reached the peak figure at X units in 2017, and then shrank markedly in the following year.
In value terms, seeder and planter imports fell markedly to $X in 2018. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 96% against the previous year. As a result, imports reached the peak of $X, and then contracted markedly in the following year.
Imports by Country
In 2018, China (X units) constituted the largest seeder and planter supplier to the Philippines, with a 58% share of total imports. Moreover, seeder and planter imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), twofold. Turkey (X units) ranked third in terms of total imports with a 4.5% share.
From 2012 to 2018, the average annual growth rate of volume from China amounted to +51.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+78.2% per year) and Turkey (+33.9% per year).
In value terms, China ($X) constituted the largest supplier of seeders, planters, transplanters to the Philippines, comprising 71% of total imports. The second position in the ranking was held by South Korea ($X), with an 8.2% share of total imports. It was followed by Turkey, with a 5.3% share.
From 2012 to 2018, the average annual rate of growth in terms of value from China stood at +71.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+117.1% per year) and Turkey (+65.6% per year).
Import Prices by Country
In 2018, the average seeder and planter import price amounted to $X per unit, picking up by 20% against the previous year. In general, import price indicated a prominent increase from 2012 to 2018: its price increased at an average annual rate of +5.3% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, seeder and planter import price increased by +77.3% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 50% against the previous year. The import price peaked in 2018 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.
From 2012 to 2018, the most notable rate of growth in terms of prices was attained by Germany (+116.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the seeder and planter 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 28303333 - Central driven precision spacing seeders for agricultural or horticultural use
- Prodcom 28303335 - Seeders for agricultural or horticultural use (excluding central driven precision spacing seeders)
- Prodcom 28303350 - Planters and transplanters
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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