
Philippines - Telecommunications Instruments - Market Analysis, Forecast, Size, Trends and Insights
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Telecommunications Instrument Market Size in the Philippines
For the fifth year in a row, the Philippine telecommunications instrument market recorded growth in sales value, which increased by 0.2% to $X in 2021. In general, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +77.7% against 2016 indices. Telecommunications instrument consumption peaked in 2021 and is expected to retain growth in the immediate term.
Telecommunications Instrument Production in the Philippines
In value terms, telecommunications instrument production contracted to $X in 2021 estimated in export price. In general, production, however, enjoyed a pronounced expansion. The growth pace was the most rapid in 2018 when the production volume increased by 56% against the previous year. Telecommunications instrument production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.
Telecommunications Instrument Exports
Exports from the Philippines
After two years of growth, shipments abroad of telecommunications instruments decreased by -77.8% to X units in 2021. In general, exports showed a mild reduction. The pace of growth was the most pronounced in 2014 when exports increased by 790% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.
In value terms, telecommunications instrument exports declined dramatically to $X in 2021. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 503%. As a result, the exports reached the peak of $X, and then reduced notably in the following year.
Exports by Country
Hong Kong SAR (X units) was the main destination for telecommunications instrument exports from the Philippines, accounting for a 84% share of total exports. Moreover, telecommunications instrument exports to Hong Kong SAR exceeded the volume sent to the second major destination, Japan (X units), more than tenfold. The third position in this ranking was held by Germany (X units), with a 3.3% share.
From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR amounted to +76.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+10.3% per year) and Germany (+53.8% per year).
In value terms, Hong Kong SAR ($X) remains the key foreign market for telecommunications instruments exports from the Philippines, comprising 84% of total exports. The second position in the ranking was taken by Japan ($X), with a 4.4% share of total exports. It was followed by Germany, with a 3.3% share.
From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR totaled +168.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+48.6% per year) and Germany (+49.3% per year).
Export Prices by Country
The average telecommunications instrument export price stood at $X per unit in 2021, with an increase of 14% against the previous year. In general, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 178%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see steady growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Germany ($X per unit) and China ($X per unit), while the average price for exports to Malaysia ($X per unit) and Hong Kong SAR ($X per unit) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+178.5%), while the prices for the other major destinations experienced more modest paces of growth.
Telecommunications Instrument Imports
Imports into the Philippines
In 2021, telecommunications instrument imports into the Philippines dropped to X units, falling by -13.5% against the previous year. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 211% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
In value terms, telecommunications instrument imports shrank to $X in 2021. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 213% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Singapore (X units), the United States (X units) and Japan (X units) were the main suppliers of telecommunications instrument imports to the Philippines, with a combined 53% share of total imports. These countries were followed by Malaysia, Germany, Taiwan (Chinese), China and Israel, which together accounted for a further 31%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +60.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest telecommunications instrument suppliers to the Philippines were Singapore ($X), the United States ($X) and Japan ($X), together comprising 55% of total imports. These countries were followed by Malaysia, Germany, Taiwan (Chinese), China and Israel, which together accounted for a further 32%.
In terms of the main suppliers, Malaysia, with a CAGR of +100.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average telecommunications instrument import price amounted to $X per unit, remaining constant against the previous year. In general, the import price recorded a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of 79%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Israel ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for the United States ($X per unit) and Singapore ($X per unit) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+24.9%), 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 telecommunications instrument 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 26514400 - Instruments and apparatus, for telecommunications
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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