Philippines - Porcelain Or China Tableware And Kitchenware - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Porcelain Tableware and Kitchenware in the Philippines - 2023
Contents:
- Price for Porcelain Tableware and Kitchenware in the Philippines (CIF) - 2022
- Price for Porcelain Tableware and Kitchenware in the Philippines (FOB) - 2022
- Imports of Porcelain Tableware and Kitchenware in the Philippines
- Exports of Porcelain Tableware and Kitchenware in the Philippines
Price for Porcelain Tableware and Kitchenware in the Philippines (CIF) - 2022
In 2022, the average porcelain tableware and kitchenware import price amounted to $4,978 per ton, reducing by -4.9% against the previous year. Overall, the import price, however, saw significant growth. The growth pace was the most rapid in 2020 an increase of 105%. Over the period under review, average import prices reached the peak figure at $5,237 per ton in 2021, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($5,019 per ton), while the price for China ($5,019 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.8%), while the prices for the other major suppliers experienced a decline.
Price for Porcelain Tableware and Kitchenware in the Philippines (FOB) - 2022
In 2022, the average porcelain tableware and kitchenware export price amounted to $7,685 per ton, reducing by -24.2% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 183%. Over the period under review, the average export prices hit record highs at $10,136 per ton in 2021, and then shrank significantly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($7,720 per ton) and Canada ($7,700 per ton), while the average price for exports to the United Arab Emirates ($7,538 per ton) and Saudi Arabia ($7,654 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+46.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Porcelain Tableware and Kitchenware in the Philippines
In 2022, overseas purchases of porcelain or china tableware and kitchenware were finally on the rise to reach 3.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic slump.
In value terms, porcelain tableware and kitchenware imports soared to $15M in 2022. In general, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 20%.
| Import of Porcelain Tableware and Kitchenware in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.5 | 7.5 | 9.3 | 11.4 | -7.7% |
| Japan | 1.1 | 1.2 | 2.0 | 2.3 | 27.9% |
| Sri Lanka | 0.7 | 0.2 | 0.3 | 0.4 | -17.0% |
| United Arab Emirates | 1.9 | 1.6 | 0.9 | 0.1 | -62.5% |
| Others | 1.6 | 0.6 | 0.9 | 1.2 | -9.1% |
| Total | 20.0 | 11.2 | 13.4 | 15.5 | -8.1% |
Top Suppliers of Porcelain Tableware and Kitchenware to the Philippines in 2022:
- China (2281.0 tons)
- Japan (466.4 tons)
- Sri Lanka (81.6 tons)
- United Arab Emirates (35.6 tons)
Exports of Porcelain Tableware and Kitchenware in the Philippines
In 2022, overseas shipments of porcelain or china tableware and kitchenware decreased by -68.4% to 2.6 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 3.3% against the previous year. As a result, the exports attained the peak of 12 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, porcelain tableware and kitchenware exports contracted sharply to $20K in 2022. Overall, exports showed a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by 72%. As a result, the exports reached the peak of $86K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Porcelain Tableware and Kitchenware in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 1.5 | 5.9 | 7.9 | 129.5% |
| United States | 8.3 | 25.5 | 47.2 | 2.5 | -33.0% |
| Guam | 5.0 | N/A | N/A | 2.4 | -21.7% |
| Japan | N/A | N/A | N/A | 2.2 | 0% |
| Canada | N/A | 2.0 | 2.8 | 1.6 | -10.6% |
| Australia | 3.0 | N/A | N/A | 1.5 | -20.6% |
| Saudi Arabia | N/A | N/A | 0.4 | 0.8 | 100.0% |
| United Arab Emirates | 24.8 | 2.5 | 11.9 | 0.1 | -84.1% |
| Qatar | N/A | 45.2 | N/A | N/A | 0% |
| South Africa | N/A | 4.9 | 4.3 | N/A | -12.2% |
| Others | 8.9 | 4.9 | 11.9 | 1.3 | -47.3% |
| Total | 50.1 | 86.4 | 84.4 | 20.2 | -26.1% |
Top Export Markets for Porcelain Tableware and Kitchenware from the Philippines in 2022:
- Thailand (1024.0 kg)
- United States (329.0 kg)
- Guam (309.0 kg)
- Japan (285.0 kg)
- Canada (210.0 kg)
- Australia (191.0 kg)
- Saudi Arabia (104.0 kg)
- United Arab Emirates (13.0 kg)
- Qatar (4.0 kg)
This report provides an in-depth analysis of the market for porcelain tableware and kitchenware 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 23411130 - Porcelain or china tableware and kitchenware (excluding electro-thermic apparatus, coffee or spice mills with metal working parts)
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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