Philippines: Data Processing Server Market 2024

Data Processing Server Market Size in the Philippines

The Philippine data processing server market skyrocketed to $X in 2022, rising by X% 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 saw a significant expansion. Data processing server consumption peaked in 2022 and is likely to see gradual growth in the near future.

Data Processing Server Exports

Exports from the Philippines

Data processing server exports from the Philippines declined significantly to X units in 2022, with a decrease of X% against the previous year. Over the period under review, exports, however, continue to indicate measured growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2021, and then declined sharply in the following year.

In value terms, data processing server exports surged to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for data processing server exports from the Philippines, with a X% share of total exports. Moreover, data processing server exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), twofold. The third position in this ranking was held by Hong Kong SAR (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Hong Kong SAR (X% per year).

In value terms, the largest markets for data processing server exported from the Philippines were Singapore ($X), the United States ($X) and the United Arab Emirates ($X), together comprising X% of total exports. The Netherlands, South Korea, China and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average data processing server export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a pronounced slump. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Data Processing Server Imports

Imports into the Philippines

In 2022, the amount of data processing servers imported into the Philippines soared to X units, rising by X% compared with 2021 figures. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, data processing server imports skyrocketed to $X in 2022. Over the period under review, imports saw a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of data processing server to the Philippines, with a X% share of total imports. Moreover, data processing server imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), fourfold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and the United States (X% per year).

In value terms, the largest data processing server suppliers to the Philippines were China ($X), Singapore ($X) and the United States ($X), with a combined X% share of total imports. Hong Kong SAR, Malaysia and Japan lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Japan, with a CAGR of X%, 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 2022, the average data processing server import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :