Report Update: Apr 13, 2024

Philippines - Pantyhose And Tights - Market Analysis, Forecast, Size, Trends and Insights

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Pantyhose Price in the Philippines - 2023

Pantyhose Price in the Philippines (FOB) - 2022

The average pantyhose export price stood at $31 per pair in 2021, surging by 54% against the previous year. Over the period under review, the export price showed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Canada ($34 per pair) and the United States ($31 per pair), while the average price for exports to Germany ($31 per pair) and Japan ($31 per pair) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pantyhose Price in the Philippines (CIF) - 2022

In 2021, the average pantyhose import price amounted to $21 per pair, surging by 4.8% against the previous year. Over the period under review, the import price saw significant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 2,053%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Vietnam ($23 per pair) and Turkey ($21 per pair), while the price for Bangladesh ($21 per pair) and China ($21 per pair) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced a decline.

Pantyhose Exports in the Philippines

After two years of decline, overseas shipments of pantyhose and tights increased by 20% to 583K pairs in 2022. In general, exports, however, recorded a perceptible slump. Over the period under review, the exports hit record highs at 658K pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, pantyhose exports skyrocketed to $18M in 2022. The total export value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Pantyhose in the Philippines (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Japan	0.4	0.4	8.6	363.7%
China	0.2	0.1	3.6	324.3%
Germany	N/A	N/A	1.3	0%
Taiwan (Chinese)	N/A	N/A	0.4	0%
United States	N/A	N/A	0.4	0%
Others	13.2	12.5	0.6	-78.7%
Total	13.8	13.0	15.1	4.6%

Top Export Markets for Pantyhose from the Philippines in 2022:

Japan (279.6K pairs)
China (117.6K pairs)
Germany (41.7K pairs)
Taiwan (Chinese) (14.4K pairs)
United States (13.0K pairs)

Pantyhose Imports in the Philippines

In 2022, purchases abroad of pantyhose and tights increased by 18% to 135K pairs for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt descent. Imports peaked at 240K pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pantyhose imports rose to $2.5M in 2022. In general, imports, however, faced a abrupt contraction. Imports peaked at $4.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Pantyhose in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
China	2,274	2,071	1,892	-8.8%
Vietnam	82.5	82.5	148	33.9%
Turkey	23.6	59.8	78.2	82.0%
Indonesia	164	162	61.0	-39.0%
Bangladesh	N/A	N/A	48.0	0%
Others	1,748	988	170	-68.8%
Total	4,293	3,363	2,398	-25.3%

Top Suppliers of Pantyhose to the Philippines in 2022:

China (90.7K pairs)
Vietnam (6.4K pairs)
Turkey (3.7K pairs)
Indonesia (2.9K pairs)
Bangladesh (2.3K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pantyhose 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 14311033 - Panty hose and tights, of knitted or crocheted synthetic fibres, m easuring per single yarn < .67 decitex
Prodcom 14311035 - Panty hose and tights, of knitted or crocheted synthetic fibres, m easuring per single yarn . .67 decitex
Prodcom 14311037 - Panty hose and tights, of textiles (excluding those of knitted or crocheted synthetic fibres)

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.

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023