Report Update Nov 1, 2024

Philippines - Self-Propelled Coal or Rock Cutters and Tunnelling Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in the Philippines

After two years of decline, the Philippine self-propelled rock cutter market increased by 175% to $X in 2021. In general, consumption saw a buoyant increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Self-Propelled Rock Cutter Exports

Exports from the Philippines

Self-propelled rock cutter exports from the Philippines stood at X units in 2018, flattening at the previous year. In general, exports continue to indicate a sharp curtailment. The smallest decline of 99.9% was in 2017. The exports peaked at X units in 2012; however, from 2013 to 2018, the exports failed to regain momentum.

In value terms, self-propelled rock cutter exports stood at $X in 2018. Overall, exports saw a deep contraction. The smallest decline of 99.9% was in 2017. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2018, the exports failed to regain momentum.

Exports by Country

Solomon Islands (X units) was the main destination for self-propelled rock cutter exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Solomon Islands was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to Solomon Islands was relatively modest.

Export Prices by Country

In 2018, the average self-propelled rock cutter export price amounted to $X per unit, leveling off at the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum in 2018 and is likely to see steady growth in the immediate term.

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

From 2012 to 2018, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.

Self-Propelled Rock Cutter Imports

Imports into the Philippines

Self-propelled rock cutter imports into the Philippines surged to X units in 2021, rising by 133% on the year before. Overall, imports posted temperate growth. The growth pace was the most rapid in 2014 with an increase of 821%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, self-propelled rock cutter imports surged to $X in 2021. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 860% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X units), China (X units) and Sweden (X units) were the main suppliers of self-propelled rock cutter imports to the Philippines, with a combined 67% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +45.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of self-propelled coal or rock cutters and tunnelling machinery to the Philippines, comprising 52% of total imports. The second position in the ranking was held by Sweden ($X), with a 12% share of total imports. It was followed by Finland, with a 4% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-3.7% per year) and Finland (+0.3% per year).

Import Prices by Country

The average self-propelled rock cutter import price stood at $X per unit in 2021, growing by 36% against the previous year. In general, the import price continues to indicate perceptible growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 58%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+59.4%), 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 self-propelled coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of self-propelled rock cutter consumption in 2020 were New Zealand, Sweden and Japan, together accounting for 59% of global consumption. These countries were followed by France, Saudi Arabia, India, Iran, South Korea, Poland, Azerbaijan, Turkey and Australia, which together accounted for a further 26%.

What are the largest producers of self-propelled coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of self-propelled rock cutter production in 2020 were New Zealand, Sweden and Japan, with a combined 69% share of global production. These countries were followed by Finland, India, Austria, Iran, France, China and Azerbaijan, which together accounted for a further 23%.

What are the leading suppliers of self-propelled coal or rock cutters and tunnelling machinery to the Philippines?

In value terms, Sweden, Taiwan Chinese) and Canada constituted the largest self-propelled rock cutter suppliers to the Philippines, with a combined 32% share of total imports.

What is the average export price for self-propelled coal or rock cutters and tunnelling machinery in the Philippines?

The average self-propelled rock cutter export price stood at $87,147 per unit in 2018, shrinking by -64.8% against the previous year.

What is the average import price for self-propelled coal or rock cutters and tunnelling machinery in the Philippines?

In 2020, the average self-propelled rock cutter import price amounted to $58,523 per unit, picking up by 22% against the previous year.

This report provides an in-depth analysis of the self-propelled rock cutter 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 28921233 - Self-propelled coal or rock cutters and tunnelling machinery

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