Philippines - Blow Lamps - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBlow Lamp Price in the Philippines - 2023
Contents:
- Blow Lamp Price in the Philippines (CIF) - 2022
- Blow Lamp Price in the Philippines (FOB) - 2022
- Blow Lamp Imports in the Philippines
- Blow Lamp Exports in the Philippines
Blow Lamp Price in the Philippines (CIF) - 2022
In 2022, the average blow lamp import price amounted to $16,907 per ton, falling by -9.9% against the previous year. Overall, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2018 when the average import price increased by 321%. The import price peaked at $19,270 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Singapore ($17,778 per ton) and South Korea ($16,929 per ton), while the price for Taiwan (Chinese) ($16,878 per ton) and the United States ($16,903 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+47.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Blow Lamp Price in the Philippines (FOB) - 2022
The average blow lamp export price stood at $27,250 per ton in 2022, increasing by 49% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $33,981 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($29,200 per ton), while the average price for exports to Singapore totaled $24,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-5.7%).
Blow Lamp Imports in the Philippines
In 2022, supplies from abroad of blow lamps decreased by -25.4% to 5.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 94% against the previous year. As a result, imports reached the peak of 7.2 tons, and then shrank markedly in the following year.
In value terms, blow lamp imports declined rapidly to $90K in 2022. In general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 114%. As a result, imports reached the peak of $134K, and then shrank markedly in the following year.
| Import of Blow Lamp in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 10.1 | 10.3 | 27.3 | 30.4 | 44.4% |
| China | 23.3 | 19.7 | 41.8 | 22.4 | -1.3% |
| Japan | 1.5 | 9.9 | 30.1 | 16.8 | 123.7% |
| United States | 0.4 | 2.1 | 4.8 | 14.7 | 232.5% |
| Taiwan (Chinese) | 3.8 | 2.6 | 23.6 | 3.0 | -7.6% |
| South Korea | 4.7 | 5.1 | 1.6 | 1.7 | -28.8% |
| Singapore | 7.8 | 4.6 | 1.6 | 0.2 | -70.5% |
| Others | 6.5 | 8.5 | 3.4 | 0.9 | -48.3% |
| Total | 58.1 | 62.8 | 134 | 90.2 | 15.8% |
Top Suppliers of Blow Lamp to the Philippines in 2022:
- Vietnam (1797.0 kg)
- China (1326.0 kg)
- Japan (995.0 kg)
- United States (872.0 kg)
- Taiwan (Chinese) (180.0 kg)
- South Korea (98.0 kg)
- Singapore (9.0 kg)
Blow Lamp Exports in the Philippines
For the fourth year in a row, the Philippines recorded growth in overseas shipments of blow lamps, which increased by 100% to 8 kg in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, blow lamp exports skyrocketed to $218 in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Blow Lamp in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 146 | 0% |
| Singapore | 1.0 | 103 | N/A | 72.0 | 316.0% |
| South Korea | N/A | N/A | 73.0 | N/A | 0% |
| Malaysia | 121 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 122 | 103 | 73.0 | 218 | 21.3% |
Top Export Markets for Blow Lamp from the Philippines in 2022:
- Hong Kong SAR (5.0 kg)
- Singapore (3.0 kg)
This report provides an in-depth analysis of the blow lamp 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 25733083 - Blow lamps (excluding gas-operated welding appliances)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- 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
-
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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