Transfers (Decalcomanias) Price in the Philippines - 2023

Transfers (Decalcomanias) Price in the Philippines (CIF) - 2023

In July 2023, the average transfers (decalcomanias) import price amounted to $85,956 per ton, dropping by -5.1% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 8.2% against the previous month. Over the period under review, average import prices attained the maximum at $90,595 per ton in June 2023, and then declined in the following month.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were Vietnam ($87,045 per ton) and Hong Kong SAR ($87,045 per ton), while the price for the United States ($81,601 per ton) and Thailand ($84,158 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Thailand (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Transfers (Decalcomanias) Price in the Philippines (FOB) - 2022

The average transfers (decalcomanias) export price stood at $93,698 per ton in 2022, rising by 20% against the previous year. In general, the export price, however, faced a deep slump. The pace of growth appeared the most rapid in 2017 an increase of 166% against the previous year. The export price peaked at $247,938 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guam ($94,901 per ton), while the average price for exports to Saudi Arabia amounted to $72,500 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+19.6%), while the prices for the other major destinations experienced a decline.

Transfers (Decalcomanias) Imports in the Philippines

In 2022, the amount of transfers (decalcomanias)s imported into the Philippines skyrocketed to 146 tons, rising by 22% compared with the previous year. Overall, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by 44%.

In value terms, transfers (decalcomanias) imports skyrocketed to $1.9M in 2022. Over the period under review, imports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 67%.

Import of Transfers (Decalcomanias) in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	767	348	604	506	-12.9%
China	155	153	316	388	35.8%
United States	10.6	10.2	22.6	363	224.7%
Hong Kong SAR	108	130	236	207	24.2%
Thailand	138	111	175	179	9.1%
Indonesia	4.4	2.5	1.2	95.9	179.3%
Japan	78.5	62.7	55.3	55.5	-10.9%
Germany	0.1	0.8	8.6	45.9	671.4%
Canada	616	1.4	2.1	3.1	-82.9%
Others	187	72.0	63.6	102	-18.3%
Total	2,064	891	1,485	1,946	-1.9%

Top Suppliers of Transfers (Decalcomanias) to the Philippines in 2022:

Taiwan (Chinese) (46.4 tons)
China (33.3 tons)
United States (22.4 tons)
Hong Kong SAR (20.8 tons)
Indonesia (8.1 tons)
Germany (4.7 tons)
Japan (2.9 tons)
Thailand (2.2 tons)
Canada (0.3 tons)

Transfers (Decalcomanias) Exports in the Philippines

In 2022, the amount of transfers (decalcomanias)s exported from the Philippines reduced sharply to 149 kg, dropping by -74.1% against 2021. In general, exports saw a sharp curtailment.

In value terms, transfers (decalcomanias) exports fell notably to $14K in 2022. Over the period under review, exports continue to indicate a sharp decline.