Report Update: Dec 1, 2023

Philippines - Brassieres - Market Analysis, Forecast, Size, Trends And Insights

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Brassiere Price in the Philippines - 2023

Name: Brassiere Price in the Philippines - 2023
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Brassiere Price the Philippines, IndexBox, market research, global market, publisher

Brassiere Price in the Philippines (FOB) - 2022

The average brassiere export price stood at $7.1 per unit in 2022, which is down by -20.8% against the previous year. In general, the export price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2018 an increase of 71% against the previous year. Over the period under review, the average export prices attained the peak figure at $9 per unit in 2021, and then reduced dramatically in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($7.2 per unit) and the UK ($7.2 per unit), while the average price for exports to France ($7.2 per unit) and South Korea ($7.2 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 Italy (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Brassiere Price in the Philippines (CIF) - 2022

In 2022, the average brassiere import price amounted to $2.8 per unit, jumping by 19% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 96% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($6 per unit), while the price for China ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Brassiere Exports in the Philippines

Brassiere exports from the Philippines reached 4.1M units in 2022, almost unchanged from 2021. Over the period under review, exports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 6.1%. Over the period under review, the exports attained the peak figure at 4.6M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, brassiere exports shrank significantly to $29M in 2022. Overall, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. As a result, the exports reached the peak of $37M, and then reduced notably in the following year.

Export of Brassiere in the Philippines (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	5.2	12.3	25.1	16.4	46.6%
South Korea	7.4	7.9	10.3	11.6	16.2%
Spain	2.4	0.5	N/A	N/A	-79.2%
Germany	1.3	0.9	N/A	N/A	-30.8%
France	14.9	6.1	N/A	N/A	-59.1%
Italy	2.6	1.8	N/A	N/A	-30.8%
Others	0.9	2.2	1.3	1.3	13.0%
Total	34.6	31.6	36.7	29.4	-5.3%

Top Export Markets for Brassiere from the Philippines in 2022:

France (undefinedK units)
United States (2292.5K units)
South Korea (1626.5K units)
Germany (0.1K units)

Brassiere Imports in the Philippines

In 2022, overseas purchases of brassieres of textile materials, whether or not elasticated were finally on the rise to reach 6.3M units after two years of decline. In general, imports, however, showed a deep setback. Over the period under review, imports attained the peak figure at 8.6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, brassiere imports surged to $17M in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Brassiere in the Philippines (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	10.7	6.5	6.3	8.5	-7.4%
Vietnam	2.2	2.1	1.9	4.2	24.1%
Indonesia	1.5	0.5	0.9	1.7	4.3%
Thailand	1.7	1.0	1.1	1.7	0.0%
Others	1.2	1.5	1.3	1.2	0.0%
Total	17.4	11.7	11.6	17.4	0.0%

Top Suppliers of Brassiere to the Philippines in 2022:

China (4.8M units)
Vietnam (0.7M units)
Thailand (0.3M units)
Indonesia (0.3M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the brassiere 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 14142530 - Brassieres

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022