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Philippines - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Apparel Price in the Philippines - 2023
Contents:
- Leather Apparel Price in the Philippines (FOB) - 2022
- Leather Apparel Price in the Philippines (CIF) - 2022
- Leather Apparel Exports in the Philippines
- Leather Apparel Imports in the Philippines
Leather Apparel Price in the Philippines (FOB) - 2022
In 2022, the average leather apparel export price amounted to $142 per unit, reducing by -11.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 56%. Over the period under review, the average export prices attained the maximum at $189 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($142 per unit) and Italy ($142 per unit), while the average price for exports to France ($142 per unit) and Japan ($142 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Apparel Price in the Philippines (CIF) - 2022
In 2022, the average leather apparel import price amounted to $104 per unit, increasing by 12% against the previous year. Overall, the import price posted a significant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 221% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($104 per unit) and China ($104 per unit), while the price for France ($104 per unit) and Singapore ($104 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+49.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Apparel Exports in the Philippines
In 2022, the amount of apparel of leather or of composition leather exported from the Philippines surged to 86K units, rising by 84% on 2021. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, leather apparel exports soared to $12M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Leather Apparel in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.1 | 1.1 | 3.5 | 7.4 | 319.8% |
Germany | 5.9 | 4.0 | 2.8 | 3.6 | -15.2% |
Italy | N/A | N/A | N/A | 0.4 | 0% |
Japan | 0.7 | 0.4 | 0.4 | 0.3 | -24.6% |
South Korea | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
Luxembourg | N/A | 1.6 | 0.1 | 0.1 | -75.0% |
France | 1.2 | 0.9 | 0.5 | N/A | -35.5% |
Others | 0.2 | 0.2 | N/A | 0.3 | 14.5% |
Total | 8.1 | 8.2 | 7.5 | 12.2 | 14.6% |
Top Export Markets for Leather Apparel from the Philippines in 2022:
- United States (51.8K units)
- Germany (25.1K units)
- Italy (2.5K units)
- Japan (1.8K units)
- South Korea (1.7K units)
- Luxembourg (0.8K units)
- France (0.1K units)
Leather Apparel Imports in the Philippines
In 2022, purchases abroad of apparel of leather or of composition leather was finally on the rise to reach 15K units after two years of decline. Overall, imports, however, showed a abrupt decline. Over the period under review, imports hit record highs at 23K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, leather apparel imports surged to $1.5M in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Leather Apparel in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 82.4 | 119 | 100 | 767 | 110.4% |
France | 48.6 | 0.9 | 25.8 | 281 | 79.5% |
China | 293 | 82.5 | 161 | 267 | -3.0% |
Singapore | 53.9 | 76.3 | 272 | 77.7 | 13.0% |
Germany | N/A | 0.9 | 11.6 | 41.2 | 576.6% |
Uruguay | N/A | 221 | N/A | N/A | 0% |
Others | 72.5 | 42.1 | 57.3 | 77.7 | 2.3% |
Total | 551 | 543 | 628 | 1,512 | 40.0% |
Top Suppliers of Leather Apparel to the Philippines in 2022:
- Italy (7.4K units)
- France (2.7K units)
- China (2.6K units)
- Singapore (0.7K units)
- Germany (0.4K units)
This report provides an in-depth analysis of the leather apparel market 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 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)
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
-
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
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Global leather apparel imports stood at X tons in 2016, going down by -X% against the previous year figure. In general, leather apparel imports continue to indicate a temperate setback. The mos...
Global leather apparel imports stood at X tons in 2016, going down by -X% against the previous year figure. In general, leather apparel imports continue to indicate a temperate setback. The mos...
The global trade in leather apparel amounted to X million USD in 2015, fluctuating mildly over the period under review. An X% drop in 2009 was followed by modest recovery over the
Italy dominates in the global apparel of leather trade. In 2014, Italy exported X thousand tons of apparel of leather totaling X million USD, X% over the previous year. Its primary trading partner was Switzerland, where it supplied X% of its t
China has moved into second place in the global belt and bandolier trade. In 2014, China exported X million units of belts and bandoliers totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied
In value terms, knitted and crocheted gloves, mittens and mitts imports stood at $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value increased at an a...
In value terms, not knitted gloves, mittens and mitts imports amounted to $X in 2016. Overall, it indicated a noticeable increase from 2007 to 2016: the total imports value decreased at an average ...
In value terms, knitted and crocheted gloves, mittens and mitts exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an aver...
In value terms, not knitted gloves, mittens and mitts exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value increased at an average ann...