Report Update Nov 1, 2024

Philippines - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Wind Powered Generator Market 2024

Wind Powered Generator Market Size in the Philippines

The Philippine wind powered generator market declined significantly to $X in 2021, with a decrease of -85.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded notable growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Wind Powered Generator Exports

Exports from the Philippines

In 2021, approx. X units of wind powered generating sets were exported from the Philippines; remaining relatively unchanged against 2020. Overall, exports showed a deep downturn. The smallest decline of -66.7% was in 2015. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, wind powered generator exports dropped to $X in 2021. Over the period under review, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of 81%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X units) was the main destination for wind powered generator exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan was relatively modest.

In value terms, Japan ($X) also remains the key foreign market for wind powered generating sets exports from the Philippines.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan totaled +31.2%.

Export Prices by Country

In 2021, the average wind powered generator export price amounted to $X per unit, waning by -9% against the previous year. Over the period under review, the export price recorded a noticeable slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 232%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Japan amounted to -2.8% per year.

Wind Powered Generator Imports

Imports into the Philippines

Wind powered generator imports into the Philippines shrank notably to X units in 2021, falling by -85.7% compared with the year before. Over the period under review, imports, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2019 with an increase of 74,100%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, wind powered generator imports shrank markedly to $X in 2021. In general, imports faced a abrupt slump. The growth pace was the most rapid in 2017 when imports increased by 528%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Japan (X units) constituted the largest wind powered generator supplier to the Philippines, with a 87% share of total imports. Moreover, wind powered generator imports from Japan exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. The third position in this ranking was taken by the UK (X units), with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume from Japan amounted to +28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (0.0% per year) and the UK (-13.3% per year).

In value terms, the United States ($X) constituted the largest supplier of wind powered generating sets to the Philippines, comprising 85% of total imports. The second position in the ranking was taken by Japan ($X), with a 13% share of total imports. It was followed by the UK, with a 1.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+12.8% per year) and the UK (-20.0% per year).

Import Prices by Country

In 2021, the average wind powered generator import price amounted to $X per unit, falling by -25.6% against the previous year. Over the period under review, the import price showed a significant curtailment. The growth pace was the most rapid in 2020 an increase of 9,152%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wind powered generating sets in the world?

The countries with the highest volumes of wind powered generator consumption in 2020 were Norway, China and the United States, together comprising 40% of global consumption.

What are the largest producers of wind powered generating sets in the world?

China remains the largest wind powered generator producing country worldwide, comprising approx. 21% of total volume. Moreover, wind powered generator production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Germany ranked third in terms of total production with an 8.9% share.

What are the leading suppliers of wind powered generating sets to the Philippines?

In value terms, Japan constituted the largest supplier of wind powered generator to the Philippines.

What are the leading importers of wind powered generating sets from the Philippines?

In value terms, Japan remains the key foreign market for wind powered generator exports from the Philippines.

What is the average export price for wind powered generating sets in the Philippines?

The average wind powered generator export price stood at $799 per unit in 2020, stabilizing at the previous year.

What is the average import price for wind powered generating sets in the Philippines?

The average wind powered generator import price stood at $354 per unit in 2020, waning by -98.9% against the previous year.

This report provides an in-depth analysis of the wind powered generator 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 28112400 - Generating sets, wind-powered

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