Philippines - Matches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMatches Price in the Philippines - 2022
Contents:
- Matches Price in the Philippines (CIF) - 2022
- Matches Price in the Philippines (FOB) - 2022
- Matches Imports in the Philippines
- Matches Exports in the Philippines
Matches Price in the Philippines (CIF) - 2022
In 2022, the average matches import price amounted to $3,639 per ton, leveling off at the previous year. Overall, the import price, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2020 an increase of 53%. The import price peaked at $5,491 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($19,073 per ton), while the price for South Korea ($2,609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.4%), while the prices for the other major suppliers experienced a decline.
Matches Price in the Philippines (FOB) - 2022
The average matches export price stood at $2,780 per ton in 2022, picking up by 15% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 304% against the previous year. As a result, the export price reached the peak level of $7,519 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($6,267 per ton), while the average price for exports to Palau ($409 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 Singapore (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Matches Imports in the Philippines
For the fourth consecutive year, the Philippines recorded growth in supplies from abroad of matches, which increased by 0.5% to 7 tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 42%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, matches imports reached $25K in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 117%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Matches in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.5 | 11.6 | 15.8 | 17.2 | 56.4% |
| China | 0.6 | 2.0 | 5.8 | 5.2 | 105.4% |
| Others | 2.4 | 2.7 | 3.6 | 2.9 | 6.5% |
| Total | 7.5 | 16.4 | 25.2 | 25.3 | 50.0% |
Top Suppliers of Matches to the Philippines in 2022:
- South Korea (6.6 tons)
- China (0.3 tons)
Matches Exports in the Philippines
For the third year in a row, the Philippines recorded decline in overseas shipments of matches, which decreased by -53.5% to 583 kg in 2022. Over the period under review, exports continue to indicate a precipitous setback. The smallest decline of -31.8% was in 2020.
In value terms, matches exports declined rapidly to $1.6K in 2022. Overall, exports showed a precipitous slump. The smallest decline of -27% was in 2021.
| Export of Matches in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 596 | 678 | 1,699 | 841 | 12.2% |
| Micronesia | 3,319 | 1,422 | 629 | 237 | -58.5% |
| Papua New Guinea | 487 | 723 | 400 | 188 | -27.2% |
| Palau | 1,303 | 630 | 314 | 134 | -53.1% |
| Singapore | N/A | 712 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 221 | 0% |
| Total | 5,705 | 4,165 | 3,042 | 1,621 | -34.3% |
Top Export Markets for Matches from the Philippines in 2022:
- Palau (328.0 kg)
- Canada (140.0 kg)
- Micronesia (78.0 kg)
- Papua New Guinea (30.0 kg)
This report provides an in-depth analysis of the matches 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 20512000 - Matches (excluding Bengal matches and other pyrotechnic products)
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
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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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This report provides an in-depth analysis of the matches market in the Philippines.
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This report provides an in-depth analysis of the global matches market.
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This report provides an in-depth analysis of the matches market in the Philippines.
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This report provides an in-depth analysis of the global matches market.
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In value terms, matches imports stood at $X in 2016. Overall, matches imports continue to indicate a pronounced setback. In that year, global matches imports reached its maximum level of $X. Fro...
4636
In value terms, matches exports totaled $X in 2016. In general, matches exports continue to indicate a temperate drop. Global matches export peaked of $X in 2013; however, from 2014 to 2016, it ...
1477
In value terms, matches imports stood at $X in 2016. Overall, matches imports continue to indicate a pronounced setback. In that year, global matches imports reached its maximum level of $X. Fro...
4636
In value terms, matches exports totaled $X in 2016. In general, matches exports continue to indicate a temperate drop. Global matches export peaked of $X in 2013; however, from 2014 to 2016, it ...
