The Philippines pump product market analysis in recent years
The next three years, the majority of industrial department to pump the need of product stability, and commercial building, water conservancy and mining industries demand is growing. Industry insiders predict, the construction and the soon to be constructed project demand, the next three years the Philippines pump product market will increase by 5% ~ 10%.
Penn law for pump product one hundred percent rely on imports. The market was dominated by the United States, but in recent ten years, other countries, especially Asian suppliers in this market has developed rapidly.
In the Philippines markets interested in foreign suppliers should be appointed a Philippine agents or distributors. The Philippines sales good prospect of pump products are: liquid pump, air pump, repacking fuel pump and commercial construction and mining department pump.
For most of the users, the price is the first consideration when buying.
The Philippines to pump products import without limitation, import rate is 1% ~ 10%.