Report Update: Apr 21, 2024

Philippines - Scissors and Tailor Shears - Market Analysis, Forecast, Size, Trends And Insights

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Price for Scissors and Tailor Shears in the Philippines - 2023

Price for Scissors and Tailor Shears in the Philippines (CIF) - 2022

The average scissors and tailor shears import price stood at $2.5 per unit in 2022, increasing by 47% against the previous year. In general, the import price continues to indicate significant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 949%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2.5 per unit), while the price for China totaled $2.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.4%).

Price for Scissors and Tailor Shears in the Philippines (FOB) - 2022

In 2022, the average scissors and tailor shears export price amounted to $4.9 per unit, surging by 31% against the previous year. In general, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 196% against the previous year. As a result, the export price attained the peak level of $7.7 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($4.9 per unit) and Brunei Darussalam ($4.9 per unit), while the average price for exports to Japan ($4.9 per unit) and Indonesia ($4.9 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scissors and Tailor Shears in the Philippines

In 2022, approx. 985K units of scissors and tailor shears were imported into the Philippines; picking up by 4.5% compared with 2021 figures. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year. Imports peaked at 1.3M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, scissors and tailor shears imports surged to $2.5M in 2022. Overall, imports, however, saw a abrupt setback. Imports peaked at $3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Scissors and Tailor Shears in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,640	1,971	1,276	2,075	-7.7%
Japan	117	80.6	242	216	22.7%
United States	86.6	17.3	25.1	23.8	-35.0%
Others	174	65.2	66.1	151	-4.6%
Total	3,017	2,134	1,610	2,466	-6.5%

Top Suppliers of Scissors and Tailor Shears to the Philippines in 2022:

China (829.1K units)
Japan (86.5K units)
United States (9.5K units)

Exports of Scissors and Tailor Shears in the Philippines

In 2022, shipments abroad of scissors and tailor shears decreased by -92.8% to 188 units, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 4.3K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, scissors and tailor shears exports reduced remarkably to $922 in 2022. Over the period under review, exports saw a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. As a result, the exports attained the peak of $21K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Scissors and Tailor Shears in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	N/A	N/A	N/A	0.5	0%
Brunei Darussalam	N/A	N/A	0.1	0.4	300.0%
United States	N/A	N/A	N/A	0.1	0%
New Zealand	N/A	2.3	N/A	N/A	0%
Japan	17.3	12.8	9.3	N/A	-26.7%
China	N/A	5.0	N/A	N/A	0%
Singapore	N/A	0.9	N/A	N/A	0%
Others	0.1	N/A	0.4	N/A	100.0%
Total	17.4	21.0	9.8	0.9	-62.7%

Top Export Markets for Scissors and Tailor Shears from the Philippines in 2022:

Indonesia (94.0 units)
Brunei Darussalam (73.0 units)
United States (13.0 units)
Japan (8.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for scissors and tailor shears 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 25711190 - Scissors, tailors

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