Report Philippines - Men's or Boys' Clothing (Not Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 13, 2022

Philippines - Men's or Boys' Clothing (Not Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Non-Knitted Men Apparel Market 2022

Non-Knitted Men Apparel Market Size in the Philippines

In 2021, the Philippine non-knitted men apparel market decreased by -25.5% to $X, falling for the fourth year in a row after three years of growth. Over the period under review, consumption, however, continues to indicate slight growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Non-Knitted Men Apparel Production in the Philippines

In value terms, non-knitted men apparel production declined sharply to $X in 2021 estimated in export price. In general, production showed a abrupt curtailment. The growth pace was the most rapid in 2020 when the production volume increased by 165%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Non-Knitted Men Apparel Exports

Exports from the Philippines

In 2021, the amount of men's or boys' clothing (not knitted or crocheted) exported from the Philippines declined remarkably to X units, which is down by -45.8% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by 62% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-knitted men apparel exports shrank rapidly to $X in 2021. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2016 when exports increased by 47% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Germany (X units) and the Netherlands (X units) were the main destinations of non-knitted men apparel exports from the Philippines, with a combined 36% share of total exports. These countries were followed by Japan, Taiwan (Chinese), Australia, South Korea, Canada, the UK and France, which together accounted for a further 8.8%.

From 2012 to 2021, the biggest increases were in Taiwan (Chinese) (with a CAGR of -11.5%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for non-knitted men apparel exports from the Philippines, comprising 18% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 5.7% share of total exports. It was followed by Germany, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-17.2% per year) and Germany (-22.5% per year).

Export Prices by Country

The average non-knitted men apparel export price stood at $X per unit in 2021, jumping by 25% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports into the Philippines

In 2021, overseas purchases of men's or boys' clothing (not knitted or crocheted) decreased by -24.1% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 187% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, non-knitted men apparel imports contracted dramatically to $X in 2021. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 151% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest non-knitted men apparel supplier to the Philippines, accounting for a 15% share of total imports. Moreover, non-knitted men apparel imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), sevenfold. Vietnam (X units) ranked third in terms of total imports with a 0.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+42.8% per year) and Vietnam (+18.1% per year).

In value terms, China ($X) constituted the largest supplier of non-knitted men apparel to the Philippines, comprising 14% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 2% share of total imports. It was followed by Bangladesh, with a 1.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+14.4% per year) and Bangladesh (+17.7% per year).

Import Prices by Country

In 2021, the average non-knitted men apparel import price amounted to $X per unit, picking up by 3.4% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 124% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for men's or boys' clothing (not knitted or crocheted) in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 33% share of global consumption. Nigeria, Pakistan, Indonesia, Germany, Italy, Bangladesh, Brazil, Mexico, Ethiopia and the UK lagged somewhat behind, together comprising a further 23%.
What are the largest producers of men's or boys' clothing (not knitted or crocheted) in the world?
+
China remains the largest non-knitted men apparel producing country worldwide, accounting for 30% of total volume. Moreover, non-knitted men apparel production in China exceeded the figures recorded by the second-largest producer, Bangladesh, threefold. The third position in this ranking was taken by India, with a 6.2% share.
What are the leading suppliers of men's or boys' clothing (not knitted or crocheted) to the Philippines?
+
In value terms, China constituted the largest supplier of non-knitted men apparel to the Philippines, comprising 14% of total imports. The second position in the ranking was taken by Vietnam, with a 2% share of total imports. It was followed by Bangladesh, with a 1.2% share.
What are the leading importers of men's or boys' clothing (not knitted or crocheted) from the Philippines?
+
In value terms, the United States remains the key foreign market for non-knitted men apparel exports from the Philippines, comprising 18% of total exports. The second position in the ranking was taken by the Netherlands, with a 5.7% share of total exports. It was followed by Germany, with a 3.6% share.
What is the average export price for men's or boys' clothing (not knitted or crocheted) in the Philippines?
+
In 2021, the average non-knitted men apparel export price amounted to $16 per unit, surging by 25% against the previous year.
What is the average import price for men's or boys' clothing (not knitted or crocheted) in the Philippines?
+
In 2021, the average non-knitted men apparel import price amounted to $4.8 per unit, picking up by 3.4% against the previous year.

This report provides an in-depth analysis of the non-knitted men apparel 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 14121120 - Men
• Prodcom 14121130 - Men
• Prodcom 14121240 - Men
• Prodcom 14121250 - Men
• Prodcom 14132110 -
• Prodcom 14132120 -
• Prodcom 14132130 - Men
• Prodcom 14132210 -
• Prodcom 14132220 -
• Prodcom 14132300 - Men
• Prodcom 14132442 - Men
• Prodcom 14132444 - Men
• Prodcom 14132445 - Men
• Prodcom 14132448 - Men
• Prodcom 14132449 - Men
• Prodcom 14132455 - Men
• Prodcom 14132460 - Men
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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