Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines - 2023
Contents:
- Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines (CIF) - 2022
- Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines (FOB) - 2022
- Imports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines
- Exports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines
Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines (CIF) - 2022
In 2022, the average import price for tableware, kitchenware, other household articles and toilet articles; of porcelain or china amounted to $6,204 per ton, increasing by 9.4% against the previous year. In general, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 391% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($6,869 per ton), while the price for Sri Lanka ($5,793 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+33.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines (FOB) - 2022
In 2022, the average export price for tableware, kitchenware, other household articles and toilet articles; of porcelain or china amounted to $9,666 per ton, rising by 7.9% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 83%. Over the period under review, the average export prices reached the peak figure at $10,830 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($11,491 per ton), while the average price for exports to Japan ($6,186 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 Northern Mariana Islands (+56.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines
Imports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china into the Philippines surged to 3.6K tons in 2022, rising by 31% compared with the previous year. Overall, imports, however, showed a abrupt shrinkage.
In value terms, imports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china soared to $22M in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.
| Import of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.4 | 9.4 | 10.6 | 11.8 | -12.1% |
| Japan | 6.8 | 1.5 | 3.4 | 8.8 | 9.0% |
| Sri Lanka | 0.8 | 0.2 | 0.3 | 0.4 | -20.6% |
| South Korea | 0.6 | 0.2 | 0.5 | 0.2 | -30.7% |
| Others | 1.6 | 0.6 | 0.8 | 1.2 | -9.1% |
| Total | 27.2 | 12.0 | 15.7 | 22.4 | -6.3% |
Top Suppliers of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China to the Philippines in 2022:
- China (2029.2 tons)
- Japan (1276.3 tons)
- Sri Lanka (70.7 tons)
- South Korea (38.5 tons)
Exports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines
In 2022, the amount of tableware, kitchenware, other household articles and toilet articles; of porcelain or china exported from the Philippines reduced dramatically to 9.5 tons, shrinking by -72.9% compared with 2021 figures. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 158%. As a result, the exports attained the peak of 35 tons, and then declined sharply in the following year.
In value terms, exports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china fell dramatically to $92K in 2022. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 172% against the previous year. As a result, the exports reached the peak of $314K, and then contracted rapidly in the following year.
| Export of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | N/A | 3.0 | 39.0 | 630.6% |
| United States | 36.1 | 26.9 | 211 | 13.9 | -27.2% |
| United Arab Emirates | 3.7 | N/A | N/A | 10.1 | 39.8% |
| Thailand | N/A | 6.5 | 16.8 | 7.9 | 10.2% |
| Canada | N/A | 2.4 | 3.3 | 6.6 | 65.8% |
| Guam | 10.0 | 1.3 | N/A | 3.0 | -33.1% |
| Japan | 94.6 | N/A | N/A | 2.2 | -71.5% |
| Australia | 6.0 | 10.5 | N/A | 2.1 | -29.5% |
| Hong Kong SAR | N/A | N/A | 34.4 | 1.0 | -97.1% |
| India | 4.0 | 12.1 | N/A | 0.2 | -63.2% |
| Kuwait | N/A | N/A | 7.7 | N/A | 0% |
| South Africa | N/A | 5.0 | 5.0 | N/A | 0.0% |
| Qatar | N/A | 46.5 | N/A | N/A | 0% |
| Others | 17.1 | 4.2 | 32.5 | 5.8 | -30.3% |
| Total | 172 | 115 | 314 | 91.8 | -18.9% |
Top Export Markets for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China from the Philippines in 2022:
- China (3394.0 kg)
- United States (1403.0 kg)
- Thailand (1272.0 kg)
- United Arab Emirates (882.0 kg)
- Canada (696.0 kg)
- Guam (440.0 kg)
- Japan (354.0 kg)
- Australia (295.0 kg)
- Hong Kong SAR (87.0 kg)
- India (30.0 kg)
- Qatar (5.0 kg)
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