Philippines - Men's Or Boys' Clothing (Not Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Knitted Men Apparel Price in the Philippines - 2022
Contents:
- Non-Knitted Men Apparel Price in the Philippines (CIF) - 2022
- Non-Knitted Men Apparel Price in the Philippines (FOB) - 2022
- Non-Knitted Men Apparel Imports in the Philippines
- Non-Knitted Men Apparel Exports in the Philippines
Non-Knitted Men Apparel Price in the Philippines (CIF) - 2022
The average non-knitted men apparel import price stood at $14.0 per unit in June 2022, which is down by -5.7% against the previous month. In general, the import price showed a slight setback. The growth pace was the most rapid in May 2022 an increase of 8.1% month-to-month. The import price peaked at $15.2 per unit in October 2021; however, from November 2021 to June 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2022, the highest price was recorded for prices from Italy ($19.6 per unit) and Vietnam ($15.9 per unit), while the price for Bangladesh ($13.2 per unit) and Cambodia ($13.3 per unit) were amongst the lowest.
From October 2021 to June 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-0.2%), while the prices for the other major suppliers experienced a decline.
Non-Knitted Men Apparel Price in the Philippines (FOB) - 2022
In June 2022, the average non-knitted men apparel export price amounted to $30.1 per unit, growing by 11% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 an increase of 18% against the previous month. Over the period under review, the average export prices attained the maximum at $32.0 per unit in November 2021; however, from December 2021 to June 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($43.5 per unit), while the average price for exports to Malaysia ($15.7 per unit) was amongst the lowest.
From October 2021 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.2%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Knitted Men Apparel Imports in the Philippines
In 2022, approx. 54M units of men's or boys' clothing (not knitted or crocheted) were imported into the Philippines; growing by 23% against the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year. As a result, imports reached the peak of 60M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, non-knitted men apparel imports soared to $89M in 2022. Over the period under review, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Knitted Men Apparel in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 50.9 | 50.2 | 34.7 | 39.4 | -8.2% |
| Vietnam | 11.1 | 7.3 | 5.0 | 15.7 | 12.3% |
| Bangladesh | 6.1 | 5.1 | 3.1 | 9.4 | 15.5% |
| Others | 16.6 | 11.5 | 10.4 | 24.7 | 14.2% |
| Total | 84.7 | 74.1 | 53.1 | 89.2 | 1.7% |
Top Suppliers of Non-Knitted Men Apparel to the Philippines in 2022:
- China (46.9M units)
- Bangladesh (2.4M units)
- Vietnam (1.9M units)
Non-Knitted Men Apparel Exports in the Philippines
After two years of decline, shipments abroad of men's or boys' clothing (not knitted or crocheted) increased by 27% to 1.2M units in 2022. In general, exports, however, continue to indicate a precipitous curtailment. The exports peaked at 5.8M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, non-knitted men apparel exports soared to $16M in 2022. Over the period under review, exports, however, saw a significant contraction. The exports peaked at $50M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Non-Knitted Men Apparel in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.2 | 4.4 | 4.2 | 5.5 | -25.3% |
| South Korea | 0.1 | 1.1 | 0.3 | 2.5 | 192.4% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.2 | 1.8 | 108.0% |
| China | 5.6 | 1.6 | 0.1 | 1.5 | -35.5% |
| Japan | 1.5 | 0.4 | 0.7 | 1.3 | -4.7% |
| Netherlands | 2.4 | 2.6 | 1.4 | 1.0 | -25.3% |
| Singapore | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
| United Kingdom | 0.3 | 0.1 | N/A | 0.4 | 10.1% |
| Malaysia | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Hong Kong SAR | 8.3 | 2.5 | 0.1 | 0.3 | -66.9% |
| Germany | 9.5 | 3.3 | 0.9 | 0.1 | -78.1% |
| Sweden | 2.3 | 0.3 | N/A | N/A | -87.0% |
| Canada | 1.8 | 1.6 | 0.1 | N/A | -76.4% |
| Others | 4.3 | 4.8 | 3.3 | 0.7 | -45.4% |
| Total | 49.6 | 23.4 | 11.5 | 16.0 | -31.4% |
Top Export Markets for Non-Knitted Men Apparel from the Philippines in 2022:
- United States (227.6K units)
- Taiwan (Chinese) (189.0K units)
- South Korea (181.4K units)
- China (173.8K units)
- Japan (109.9K units)
- Netherlands (105.0K units)
- United Kingdom (49.8K units)
- Malaysia (46.1K units)
- Hong Kong SAR (26.2K units)
- Singapore (23.5K units)
- Germany (14.5K units)
- Canada (9.9K units)
- Sweden (0.9K units)
This report provides an in-depth analysis of the non-knitted men apparel 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 14121120 - Men
- Prodcom 14121130 - Men
- Prodcom 14121240 - Men
- Prodcom 14121250 - Men
- Prodcom 14132110 -
- Prodcom 14132120 -
- Prodcom 14132130 - Men
- Prodcom 14132210 -
- Prodcom 14132220 -
- Prodcom 14132300 - Men
- Prodcom 14132442 - Men
- Prodcom 14132444 - Men
- Prodcom 14132445 - Men
- Prodcom 14132448 - Men
- Prodcom 14132449 - Men
- Prodcom 14132455 - Men
- Prodcom 14132460 - Men
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
-
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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