Threshing Machinery Market Overview in the Philippines
The revenue of the threshing machinery market in the Philippines fell significantly to $ in , reducing by -% 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). Overall, consumption, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2013 when the market value increased by % against the previous year. Over the period under review, the market reached the maximum level at $ in 2019, and then fell rapidly in the following year.