Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines - 2023
Contents:
- Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines (CIF) - 2022
- Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines (FOB) - 2022
- Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines
- Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines
Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines (CIF) - 2022
In 2022, the average import price for travel sets; for personal toilet, sewing, shoe or clothes cleanings amounted to $0.5 per unit, falling by -32.1% against the previous year. In general, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2015 an increase of 50%. The import price peaked at $1.8 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1.2 per unit), while the price for South Korea ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.9%), while the prices for the other major suppliers experienced a decline.
Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines (FOB) - 2022
In 2022, the average export price for travel sets; for personal toilet, sewing, shoe or clothes cleanings amounted to $2.1 per unit, shrinking by -29.2% against the previous year. In general, the export price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 188%. Over the period under review, the average export prices attained the maximum at $12 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +71.7% per year.
Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines
Imports of travel sets; for personal toilet, sewing, shoe or clothes cleanings into the Philippines soared to 7.6M units in 2022, growing by 748% against the year before. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of travel sets; for personal toilet, sewing, shoe or clothes cleanings surged to $4.1M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 660 | 663 | 417 | 3,396 | 72.6% |
| Turkey | N/A | N/A | 72.8 | 159 | 118.4% |
| Hong Kong SAR | 58.6 | 56.6 | 22.6 | 153 | 37.7% |
| Vietnam | N/A | N/A | N/A | 148 | 0% |
| Malaysia | 8.0 | 3.8 | 81.8 | 138 | 158.4% |
| South Korea | N/A | 0.4 | N/A | 16.1 | 534.4% |
| Others | 54.4 | 31.1 | 119 | 94.4 | 20.2% |
| Total | 781 | 755 | 713 | 4,105 | 73.9% |
Top Suppliers of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning to the Philippines in 2022:
- China (6.6M units)
- Hong Kong SAR (0.3M units)
- Malaysia (0.2M units)
- South Korea (0.2M units)
- Turkey (0.1M units)
- Vietnam (0.1M units)
Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines
In 2022, exports of travel sets; for personal toilet, sewing, shoe or clothes cleanings from the Philippines dropped notably to 112 units, waning by -98% against 2021 figures. In general, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. Over the period under review, the exports of reached the maximum at 53K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of travel sets; for personal toilet, sewing, shoe or clothes cleanings declined dramatically to $233 in 2022. Overall, exports showed a sharp descent. The smallest decline of -36.4% was in 2021. Over the period under review, the exports of attained the maximum at $627K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 82.6 | 3.6 | N/A | 0.2 | -86.6% |
| Hong Kong SAR | 6.4 | N/A | 0.3 | N/A | -78.3% |
| South Korea | 13.3 | N/A | N/A | N/A | 0% |
| China | 46.3 | N/A | N/A | N/A | 0% |
| Malaysia | 2.0 | 5.1 | 1.2 | N/A | -22.5% |
| United States | 36.5 | 0.1 | N/A | N/A | -99.7% |
| United Arab Emirates | 53.2 | N/A | 10.1 | N/A | -56.4% |
| Australia | 16.2 | 2.0 | N/A | N/A | -87.7% |
| Pakistan | 159 | N/A | N/A | N/A | 0% |
| Canada | 164 | N/A | 1.5 | N/A | -90.4% |
| Others | 48.6 | 14.7 | 3.2 | N/A | -74.3% |
| Total | 627 | 25.6 | 16.3 | 0.2 | -93.2% |
Top Export Markets for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning from the Philippines in 2022:
- Japan (58.0 units)
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