Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines - 2023
Contents:
- Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines (CIF) - 2022
- Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines (FOB) - 2022
- Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines
- Exports of Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines
Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines (CIF) - 2022
The average import price for electrical capacitors; fixed, aluminium electrolytics stood at $111,848 per unit in 2022, increasing by 1,515% against the previous year. Overall, the import price saw a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($165,627 per unit), while the price for France ($16,386 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+407.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines (FOB) - 2022
The average export price for electrical capacitors; fixed, aluminium electrolytics stood at $2,051 per unit in 2022, with an increase of 1,281% against the previous year. In general, the export price enjoyed a significant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 4,815%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,262 per unit), while the average price for exports to Singapore ($764 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+8,963.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines
In 2022, overseas purchases of electrical capacitors; fixed, aluminium electrolytics decreased by -94.2% to 386 units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 291%. As a result, imports reached the peak of 6.6K units, and then dropped sharply in the following year.
In value terms, electrical capacitors; fixed, aluminium electrolytic imports fell to $43M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 62%. Over the period under review, imports attained the maximum at $46M in 2021, and then reduced in the following year.
| Import of Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Singapore | 10.2 | 12.4 | 14.9 | 20.9% | |
| Hong Kong SAR | 18.1 | 15.4 | 14.9 | -9.3% | |
| China | 5.6 | 6.8 | 5.7 | 0.9% | |
| Japan | 2.2 | 2.7 | 2.6 | 8.7% | |
| United States | 2.2 | 2.8 | 1.7 | -12.1% | |
| Israel | 2.0 | 2.5 | 1.4 | -16.3% | |
| France | 0.1 | 0.1 | 0.2 | 41.4% | |
| South Korea | 0.1 | N/A | 0.2 | 41.4% | |
| Others | 2.5 | 3.3 | 1.6 | -20.0% | |
| Total | 42.9 | 45.9 | 43.2 | 0.3% | |
Top Suppliers of Electrical Capacitors; Fixed, Aluminium Electrolytic to the Philippines in 2022:
- Singapore (90.0 units)
- Hong Kong SAR (90.0 units)
- United States (88.0 units)
- China (35.0 units)
- Japan (17.0 units)
- South Korea (13.0 units)
- Israel (10.0 units)
- France (10.0 units)
Exports of Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines
In 2022, electrical capacitors; fixed, aluminium electrolytic exports from the Philippines shrank notably to 84 units, reducing by -95.7% against the previous year's figure. Over the period under review, exports showed a dramatic curtailment. The exports peaked at 76K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, electrical capacitors; fixed, aluminium electrolytic exports dropped rapidly to $172K in 2022. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports reached the peak of $290K, and then dropped dramatically in the following year.
| Export of Electrical Capacitors; Fixed, Aluminium Electrolytic in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Hong Kong SAR | 4.2 | 0.4 | 55.5 | 263.5% | |
| China | 3.7 | 19.0 | 47.5 | 258.3% | |
| Brazil | 16.9 | 26.4 | 44.8 | 62.8% | |
| Malaysia | 32.2 | 0.1 | 12.3 | -38.2% | |
| Japan | N/A | N/A | 7.0 | 0% | |
| United States | N/A | 0.2 | 3.6 | 1700.0% | |
| Singapore | 0.9 | 18.4 | 1.5 | 29.1% | |
| South Korea | 17.2 | 20.0 | N/A | 16.3% | |
| Thailand | 8.4 | 3.0 | N/A | -64.3% | |
| Mexico | 95.6 | 155 | N/A | 62.1% | |
| Czech Republic | 10.2 | N/A | N/A | 0% | |
| Netherlands | 6.7 | 2.9 | N/A | -56.7% | |
| Others | 34.5 | 44.5 | N/A | 29.0% | |
| Total | 231 | 290 | 172 | -13.7% | |
Top Export Markets for Electrical Capacitors; Fixed, Aluminium Electrolytic from the Philippines in 2022:
- Hong Kong SAR (26.0 units)
- Brazil (21.0 units)
- China (21.0 units)
- Malaysia (7.0 units)
- Japan (4.0 units)
- United States (3.0 units)
- Singapore (2.0 units)
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