Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines - 2022

Contents:

  1. Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines (FOB) - 2022
  2. Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines (CIF) - 2022
  3. Exports of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines
  4. Imports of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines

Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines (FOB) - 2022

In 2022, the average export price for ground flying trainers and parts thereof; air combat simulators and parts thereoves amounted to $188,000 per ton, reducing by -84.4% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of 57% against the previous year. As a result, the export price reached the peak level of $1,932 per kg. From 2017 to 2022, 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 2022, the rate of growth in terms of prices for Singapore amounted to -24.8% per year.

Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines (CIF) - 2022

In 2022, the average import price for ground flying trainers and parts thereof; air combat simulators and parts thereoves amounted to $67,833 per ton, with an increase of 2.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 70%. As a result, import price attained the peak level of $134,373 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 South Korea ($124,500 per ton), while the price for Japan amounted to $39,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines

In 2022, after two years of decline, there was significant decline in overseas shipments of ground flying trainers and parts thereof; air combat simulators and parts thereoves, when their volume decreased by -45.5% to 6 kg. In general, exports continue to indicate a abrupt curtailment.

In value terms, exports of ground flying trainers and parts thereof; air combat simulators and parts thereoves fell notably to $1.1K in 2022. Over the period under review, exports recorded a precipitous contraction.

Export of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A1.10%
ChinaN/AN/A13.2N/A0%
Malaysia12.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total12.9N/A13.21.1-56.0%

Top Export Markets for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof from the Philippines in 2022:

  1. Japan (6.0 kg)

Imports of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines

In 2022, the amount of ground flying trainers and parts thereof; air combat simulators and parts thereoves imported into the Philippines reduced dramatically to 6 kg, which is down by -96.3% on 2021. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, imports attained the peak of 164 kg, and then dropped dramatically in the following year.

In value terms, imports of ground flying trainers and parts thereof; air combat simulators and parts thereoves declined markedly to $407 in 2022. Over the period under review, imports showed a sharp setback. The smallest decline of -2.6% was in 2020.

Import of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A0.20%
South Korea11.34.4N/A0.2-73.9%
United States0.10.19.1N/A853.9%
SingaporeN/AN/A1.6N/A0%
BrazilN/A6.7N/AN/A0%
OthersN/AN/A0.1N/A0%
Total11.511.210.90.4-67.4%

Top Suppliers of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof to the Philippines in 2022:

  1. Japan (4.0 kg)
  2. South Korea (2.0 kg)

Source: IndexBox Market Intelligence Platform

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