
Philippines - Preparations for Perfuming or Deodorising Rooms - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Philippines: Room Deodorants Market 2022
Room Deodorants Market Size in the Philippines
The Philippine room deodorants market rose significantly to $X in 2021, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded resilient growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.
Room Deodorants Exports
Exports from the Philippines
In 2021, after two years of growth, there was significant decline in overseas shipments of preparations for perfuming or deodorising rooms, when their volume decreased by -X% to X tons. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2020, and then reduced dramatically in the following year.
In value terms, room deodorants exports reduced sharply to $X in 2021. Over the period under review, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2020, and then declined notably in the following year.
Exports by Country
The United States (X tons) was the main destination for room deodorants exports from the Philippines, accounting for a X% share of total exports. Moreover, room deodorants exports to the United States exceeded the volume sent to the second major destination, Malaysia (X tons), fourfold. The third position in this ranking was taken by Australia (X tons), with an X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-X% per year) and Australia (+X% per year).
In value terms, the United States ($X) remains the key foreign market for room deodorants exports from the Philippines, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Singapore, with an X% share.
From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-X% per year) and Singapore (+X% per year).
Export Prices by Country
In 2021, the average room deodorants export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Papua New Guinea ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Room Deodorants Imports
Imports into the Philippines
In 2021, purchases abroad of preparations for perfuming or deodorising rooms decreased by -X% to X tons, falling for the second year in a row after five years of growth. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, room deodorants imports expanded notably to $X in 2021. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.
Imports by Country
Thailand (X tons), China (X tons) and Turkey (X tons) were the main suppliers of room deodorants imports to the Philippines, together comprising X% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Thailand ($X), China ($X) and Malaysia ($X) were the largest room deodorants suppliers to the Philippines, with a combined X% share of total imports. These countries were followed by the United States, Turkey and Indonesia, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average room deodorants import price stood at $X per ton in 2021, surging by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably countryorigin: the country with the highest price was Malaysia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the room deodorants 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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