Price for Trade Advertising Material and Commercial Catalogue in the Philippines - 2023
Contents:
- Price for Trade Advertising Material and Commercial Catalogue in the Philippines (CIF) - 2022
- Price for Trade Advertising Material and Commercial Catalogue in the Philippines (FOB) - 2022
- Imports of Trade Advertising Material and Commercial Catalogue in the Philippines
- Exports of Trade Advertising Material and Commercial Catalogue in the Philippines
Price for Trade Advertising Material and Commercial Catalogue in the Philippines (CIF) - 2022
The average import price for trade advertising materials and commercial catalogues stood at $8,442 per ton in 2022, standing approx. at the previous year. In general, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 80% against the previous year. The import price peaked in 2022 and is likely to continue 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 Vietnam ($8,448 per ton) and Japan ($8,447 per ton), while the price for Singapore ($8,447 per ton) and Thailand ($8,447 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Trade Advertising Material and Commercial Catalogue in the Philippines (FOB) - 2022
The average export price for trade advertising materials and commercial catalogues stood at $7,904 per ton in 2022, increasing by 12% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 64% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hong Kong SAR ($7,932 per ton) and Australia ($7,910 per ton), while the average price for exports to Indonesia ($7,429 per ton) and Taiwan (Chinese) ($7,846 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Trade Advertising Material and Commercial Catalogue in the Philippines
In 2022, imports of trade advertising materials and commercial catalogues into the Philippines contracted sharply to 648 tons, waning by -22.8% compared with 2021 figures. In general, imports saw a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 20%.
In value terms, imports of trade advertising materials and commercial catalogues shrank notably to $5.5M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of $7M, and then shrank significantly in the following year.
| Import of Trade Advertising Material and Commercial Catalogue in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,700 | 818 | 1,120 | 2,654 | 16.0% |
| Hong Kong SAR | 232 | 1,307 | 2,530 | 626 | 39.2% |
| South Korea | 395 | 677 | 496 | 567 | 12.8% |
| Vietnam | 600 | 652 | 833 | 349 | -16.5% |
| Singapore | 372 | 897 | 612 | 329 | -4.0% |
| Japan | 535 | 235 | 490 | 285 | -18.9% |
| Thailand | 31.8 | 24.9 | 249 | 255 | 100.2% |
| United States | 492 | 51.0 | 90.0 | 79.3 | -45.6% |
| Malaysia | 216 | 44.6 | 221 | 48.1 | -39.4% |
| Germany | 309 | 188 | 64.1 | 47.5 | -46.4% |
| Others | 707 | 194 | 282 | 228 | -31.4% |
| Total | 5,589 | 5,088 | 6,988 | 5,466 | -0.7% |
Top Suppliers of Trade Advertising Material and Commercial Catalogue to the Philippines in 2022:
- China (314.2 tons)
- Hong Kong SAR (74.1 tons)
- South Korea (67.1 tons)
- Vietnam (41.3 tons)
- Singapore (38.9 tons)
- Japan (33.7 tons)
- Thailand (30.1 tons)
- United States (9.4 tons)
- Malaysia (5.7 tons)
- Germany (5.6 tons)
Exports of Trade Advertising Material and Commercial Catalogue in the Philippines
In 2022, the amount of trade advertising materials and commercial catalogues exported from the Philippines shrank dramatically to 4.6 tons, dropping by -53.2% on 2021 figures. In general, exports showed a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 251% against the previous year.
In value terms, exports of trade advertising materials and commercial catalogues fell dramatically to $37K in 2022. Over the period under review, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 218%.
| Export of Trade Advertising Material and Commercial Catalogue in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.4 | 1.8 | 4.3 | 7.9 | -11.5% |
| Guam | 0.4 | 0.4 | 0.1 | 6.5 | 153.3% |
| Australia | 0.6 | 0.2 | N/A | 5.7 | 111.8% |
| Vietnam | N/A | N/A | N/A | 4.6 | 0% |
| Thailand | 0.2 | 0.4 | 1.7 | 4.3 | 178.1% |
| Japan | 5.5 | 1.1 | 10.3 | 3.1 | -17.4% |
| Singapore | 85.6 | 0.4 | 0.2 | 1.9 | -71.9% |
| Hong Kong SAR | 1.5 | 1.2 | 0.8 | 0.8 | -18.9% |
| Others | 22.3 | 16.5 | 52.6 | 1.7 | -57.6% |
| Total | 128 | 22.0 | 70.0 | 36.7 | -34.1% |
Top Export Markets for Trade Advertising Material and Commercial Catalogue from the Philippines in 2022:
- United States (1001.0 kg)
- Guam (826.0 kg)
- Australia (720.0 kg)
- Vietnam (584.0 kg)
- Thailand (549.0 kg)
- Japan (393.0 kg)
- Singapore (246.0 kg)
- Hong Kong SAR (103.0 kg)
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