Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines - 2023

Contents:

  1. Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines (CIF) - 2023
  2. Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines (FOB) - 2022
  3. Imports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines
  4. Exports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines

Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines (CIF) - 2023

The average import price for oral or dental hygiene preparations; including fixative pastes and powderses stood at $5,169 per ton in December 2023, flattening at the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 34% m-o-m. The import price peaked at $5,514 per ton in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Thailand ($4,531 per ton), while the price for Vietnam ($1,750 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines (FOB) - 2022

In 2022, the average export price for oral or dental hygiene preparations; including fixative pastes and powderses amounted to $3,125 per ton, dropping by -7.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 57% against the previous year. The export price peaked at $5,307 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($4,980 per ton), while the average price for exports to Northern Mariana Islands ($522 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 South Africa (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines

In 2022, the amount of oral or dental hygiene preparations; including fixative pastes and powderses imported into the Philippines contracted to 37K tons, dropping by -12.6% compared with 2021 figures. Over the period under review, imports recorded a deep setback. The smallest decline of -3.6% was in 2021.

In value terms, imports of oral or dental hygiene preparations; including fixative pastes and powderses shrank to $157M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of $169M, and then shrank in the following year.

Import of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand96.61091281114.7%
China14.815.020.723.216.2%
Vietnam7.74.24.14.2-18.3%
Indonesia10.77.14.12.4-39.2%
United States2.73.82.61.3-21.6%
Others10.59.49.015.213.1%
Total1431491691573.2%

Top Suppliers of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders to the Philippines in 2022:

  1. Thailand (26.0K tons)
  2. China (5.2K tons)
  3. Vietnam (2.2K tons)
  4. Indonesia (1.1K tons)
  5. United States (0.6K tons)

Exports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines

Exports of oral or dental hygiene preparations; including fixative pastes and powderses from the Philippines soared to 557 tons in 2022, growing by 162% on 2021 figures. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of oral or dental hygiene preparations; including fixative pastes and powderses skyrocketed to $1.7M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore22.983.9156891238.9%
Malaysia40.4188287753165.1%
Nigeria15.616.615.632.227.3%
Micronesia0.64.919.627.0255.7%
Taiwan (Chinese)65365.535.814.2-72.1%
Japan85.90.21.210.8-49.9%
Northern Mariana Islands0.20.12.25.5201.8%
IndonesiaN/A159N/AN/A0%
Others1871371977.6-65.6%
Total1,0066557151,74120.1%

Top Export Markets for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders from the Philippines in 2022:

  1. Malaysia (309.2 tons)
  2. Singapore (179.0 tons)
  3. Nigeria (24.8 tons)
  4. Micronesia (23.4 tons)
  5. Northern Mariana Islands (10.5 tons)
  6. Japan (5.0 tons)
  7. Taiwan (Chinese) (3.1 tons)

Source: IndexBox Market Intelligence Platform

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