Philippines - Sleeping Bags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSleeping Bag Price in the Philippines - 2023
Contents:
- Sleeping Bag Price in the Philippines (CIF) - 2022
- Sleeping Bag Price in the Philippines (FOB) - 2022
- Sleeping Bag Imports in the Philippines
- Sleeping Bag Exports in the Philippines
Sleeping Bag Price in the Philippines (CIF) - 2022
The average sleeping bag import price stood at $8.6 per unit in 2022, picking up by 29% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sleeping bag import price increased by +53.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 105%. As a result, import price attained the peak level of $9.7 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($32 per unit), while the price for Malaysia ($6.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sleeping Bag Price in the Philippines (FOB) - 2022
The average sleeping bag export price stood at $0.4 per unit in 2022, shrinking by -8% against the previous year. In general, the export price recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 an increase of 26% against the previous year. Over the period under review, the average export prices reached the maximum at $9.5 per unit in 2018; however, from 2019 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 the UK ($1 per unit), while the average price for exports to New Zealand (less than $0.1 per unit) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-38.4%), while the prices for the other major destinations experienced a decline.
Sleeping Bag Imports in the Philippines
In 2022, overseas purchases of sleeping bags decreased by -54.4% to 24K units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1.3% against the previous year. As a result, imports attained the peak of 72K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, sleeping bag imports reduced sharply to $207K in 2022. In general, imports continue to indicate a dramatic shrinkage. The smallest decline of -1.3% was in 2020. Over the period under review, imports hit record highs at $411K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Sleeping Bag in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 199 | 150 | 132 | 164 | -6.2% |
| Malaysia | 104 | 218 | 196 | 26.7 | -36.4% |
| Bangladesh | N/A | N/A | 6.8 | 13.6 | 100.0% |
| Others | 108 | 37.3 | 15.6 | 2.8 | -70.4% |
| Total | 411 | 405 | 351 | 207 | -20.4% |
Top Suppliers of Sleeping Bag to the Philippines in 2022:
- China (18.7K units)
- Malaysia (4.4K units)
- Bangladesh (0.9K units)
Sleeping Bag Exports in the Philippines
In 2022, the amount of sleeping bags exported from the Philippines soared to 1.5K units, increasing by 205% against 2021. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 691%. As a result, the exports reached the peak of 2.9K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sleeping bag exports skyrocketed to $603 in 2022. Over the period under review, exports, however, continue to indicate a perceptible decline. The exports peaked at $991 in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Sleeping Bag in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 150 | 14.0 | 197 | 14.6% |
| Sweden | 1.0 | N/A | N/A | 119 | 391.9% |
| Hong Kong SAR | N/A | N/A | N/A | 117 | 0% |
| United Kingdom | N/A | N/A | N/A | 31.0 | 0% |
| Chile | N/A | N/A | N/A | 11.0 | 0% |
| Guatemala | N/A | N/A | N/A | 4.0 | 0% |
| New Zealand | N/A | N/A | N/A | 1.0 | 0% |
| Kuwait | 53.0 | 79.0 | 10.0 | N/A | -56.6% |
| United Arab Emirates | 213 | 310 | 163 | N/A | -12.5% |
| Saudi Arabia | 339 | 283 | N/A | N/A | -16.5% |
| Others | 80.0 | 169 | 28.0 | 123 | 15.4% |
| Total | 686 | 991 | 215 | 603 | -4.2% |
Top Export Markets for Sleeping Bag from the Philippines in 2022:
- Hong Kong SAR (739.0 units)
- Canada (297.0 units)
- Sweden (179.0 units)
- New Zealand (41.0 units)
- United Kingdom (29.0 units)
- Guatemala (24.0 units)
- Chile (23.0 units)
This report provides an in-depth analysis of the sleeping bag 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 13922430 - Sleeping bags
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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