Philippines - Table Knives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTable Knife Price in the Philippines - 2023
Contents:
- Table Knife Price in the Philippines (CIF) - 2022
- Table Knife Price in the Philippines (FOB) - 2022
- Table Knife Imports in the Philippines
- Table Knife Exports in the Philippines
Table Knife Price in the Philippines (CIF) - 2022
In 2022, the average table knife import price amounted to $2.8 per unit, falling by -3% against the previous year. Overall, the import price, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 273%. The import price peaked at $2.9 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($2.8 per unit) and Taiwan (Chinese) ($2.8 per unit), while the price for China ($2.8 per unit) and France ($2.8 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+33.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Table Knife Price in the Philippines (FOB) - 2022
The average table knife export price stood at $4.3 per unit in 2022, waning by -12.9% against the previous year. Overall, the export price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 74% against the previous year. The export price peaked at $7 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Palau.
From 2012 to 2022, the rate of growth in terms of prices for Micronesia amounted to +82.4% per year.
Table Knife Imports in the Philippines
In 2022, approx. 169K units of table knives were imported into the Philippines; growing by 5.9% compared with the previous year. Over the period under review, imports, however, saw a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 21%. Imports peaked at 1.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, table knife imports expanded modestly to $479K in 2022. In general, imports, however, faced a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 20%. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Table Knife in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,348 | 345 | 355 | 391 | -51.1% |
| United States | 5.2 | 5.9 | 27.1 | 31.1 | 81.5% |
| Japan | 122 | 18.8 | 46.0 | 16.9 | -48.3% |
| France | 0.1 | 1.3 | 16.7 | 8.8 | 344.8% |
| Indonesia | 12.5 | N/A | N/A | 8.7 | -11.4% |
| Others | 32.5 | 18.9 | 21.0 | 22.4 | -11.7% |
| Total | 3,520 | 390 | 466 | 479 | -48.6% |
Top Suppliers of Table Knife to the Philippines in 2022:
- China (138.1K units)
- United States (11.0K units)
- Japan (6.0K units)
- Indonesia (3.1K units)
- France (3.1K units)
Table Knife Exports in the Philippines
After three years of growth, shipments abroad of table knives decreased by -98.6% to 7 units in 2022. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 510%. As a result, the exports attained the peak of 512 units, and then fell significantly in the following year.
In value terms, table knife exports declined notably to $30 in 2022. Overall, exports saw a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 874%. As a result, the exports attained the peak of $2.5K, and then reduced markedly in the following year.
| Export of Table Knife in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palau | N/A | N/A | N/A | 30.0 | 0% |
| Switzerland | 2.0 | N/A | 123 | N/A | 684.2% |
| Chile | N/A | N/A | 228 | N/A | 0% |
| France | N/A | 88.0 | 642 | N/A | 629.5% |
| Costa Rica | N/A | 27.0 | 56.0 | N/A | 107.4% |
| Indonesia | N/A | 51.0 | N/A | N/A | 0% |
| Singapore | N/A | N/A | 100 | N/A | 0% |
| Brunei Darussalam | 14.0 | N/A | 230 | N/A | 305.3% |
| Others | 116 | 91.0 | 1,125 | N/A | 211.4% |
| Total | 132 | 257 | 2,504 | 30.0 | -39.0% |
Top Export Markets for Table Knife from the Philippines in 2022:
- Palau (7.0 units)
This report provides an in-depth analysis of the table knife 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 25711120 - Table knives having fixed blades of base metal, including handles (excluding butter knives and fish knives)
- Prodcom 25711115 -
- Prodcom 25711130 -
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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