Philippines - Furnishing Articles, Furniture and Cushion Covers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCushion Cover Price in the Philippines - 2023
Contents:
- Cushion Cover Price in the Philippines (CIF) - 2022
- Cushion Cover Price in the Philippines (FOB) - 2022
- Cushion Cover Imports in the Philippines
- Cushion Cover Exports in the Philippines
Cushion Cover Price in the Philippines (CIF) - 2022
The average cushion cover import price stood at $12,056 per ton in 2022, which is down by -6.8% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 269%. The import price peaked at $13,216 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($17,042 per ton) and Pakistan ($13,762 per ton), while the price for Vietnam ($11,595 per ton) and China ($11,917 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cushion Cover Price in the Philippines (FOB) - 2022
The average cushion cover export price stood at $12,851 per ton in 2022, declining by -37.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 98%. Over the period under review, the average export prices attained the peak figure at $31,555 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16,634 per ton), while the average price for exports to Hong Kong SAR ($10,958 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cushion Cover Imports in the Philippines
In 2022, the amount of furnishing articles for car seats imported into the Philippines expanded markedly to 776 tons, picking up by 14% compared with 2021 figures. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, cushion cover imports stood at $9.4M in 2022. In general, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 75%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Cushion Cover in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.8 | 3.7 | 7.6 | 8.4 | 30.3% |
India | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
Japan | 0.8 | 0.7 | 0.2 | 0.2 | -37.0% |
Others | 0.8 | 0.4 | 0.8 | 0.3 | -27.9% |
Total | 5.6 | 5.0 | 8.8 | 9.4 | 18.8% |
Top Suppliers of Cushion Cover to the Philippines in 2022:
- China (707.7 tons)
- India (31.1 tons)
- Japan (11.8 tons)
Cushion Cover Exports in the Philippines
In 2022, cushion cover exports from the Philippines skyrocketed to 5.3 tons, jumping by 200% against 2021 figures. In general, exports continue to indicate a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cushion cover exports soared to $69K in 2022. Overall, exports continue to indicate a relatively flat trend pattern.
Export of Cushion Cover in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.1 | 2.9 | 12.8 | 60.4 | 52.3% |
Germany | 1.6 | 1.0 | N/A | 4.9 | 45.2% |
Hong Kong SAR | 0.9 | 1.3 | 0.9 | 2.1 | 32.6% |
Japan | 29.5 | 0.6 | N/A | N/A | -98.0% |
Paraguay | N/A | 7.5 | N/A | N/A | 0% |
United Kingdom | 1.2 | 68.7 | N/A | N/A | 5625.0% |
Papua New Guinea | 4.9 | N/A | N/A | N/A | 0% |
Canada | 6.4 | 2.2 | 5.8 | N/A | -4.8% |
Others | 6.5 | 4.8 | 17.3 | 1.3 | -41.5% |
Total | 68.3 | 89.0 | 36.8 | 68.7 | 0.2% |
Top Export Markets for Cushion Cover from the Philippines in 2022:
- United States (4.8 tons)
- Germany (0.3 tons)
- Hong Kong SAR (0.2 tons)
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13921660 - Furnishing articles including furniture and cushion covers as well as cushion covers, etc. for car seats (excluding blankets, t ravelling rugs, bed linen, table linen, toilet linen, kitchen linen, curtains, blinds, valances and bedspreads)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover in the Philippines.
This report provides an in-depth analysis of the bedspread market in the Philippines.
This report provides an in-depth analysis of the global market for furnishing article, furniture and cushion cover.
This report provides an in-depth analysis of the global bedspread market.
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover in the Philippines.
This report provides an in-depth analysis of the bedspread market in the Philippines.
This report provides an in-depth analysis of the global market for furnishing article, furniture and cushion cover.
This report provides an in-depth analysis of the global bedspread market.
Explore the top countries by import value for furnishing articles, furniture, and cushion covers in 2023. Discover key statistics and market insights.
In value terms, furnishing articles imports stood at $X in 2016. Overall, furnishing articles imports continue to indicate a relatively flat trend pattern. Global furnishing articles import peaked of...
In value terms, furnishing articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
Explore the top countries by import value for furnishing articles, furniture, and cushion covers in 2023. Discover key statistics and market insights.
In value terms, furnishing articles imports stood at $X in 2016. Overall, furnishing articles imports continue to indicate a relatively flat trend pattern. Global furnishing articles import peaked of...
In value terms, furnishing articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...