Report Update Jan 1, 2025

Philippines - Bumpers - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Bumper Market 2025

Bumper Market Size in the Philippines

In 2022, the Philippine bumper market increased by 7.7% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate strong growth. Bumper consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Bumper Production in the Philippines

In value terms, bumper production soared to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep slump. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Bumper Exports

Exports from the Philippines

In 2022, approx. X tons of bumpers were exported from the Philippines; waning by -10.3% against the year before. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 1,993%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, bumper exports dropped markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 1,829% against the previous year. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Indonesia (X tons), the United States (X tons) and Japan (X tons) were the main destinations of bumper exports from the Philippines, with a combined 80% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +47.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bumper exported from the Philippines were Indonesia ($X), the United States ($X) and Japan ($X), together accounting for 80% of total exports.

Indonesia, with a CAGR of +63.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bumper export price stood at $X per ton in 2022, which is down by -9.6% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2019 when the average export price increased by 50% against the previous year. The export price peaked at $X per ton in 2021, and then reduced in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hungary ($X per ton) and Japan ($X per ton), while the average price for exports to France ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bumper Imports

Imports into the Philippines

In 2022, approx. X tons of bumpers were imported into the Philippines; falling by -32.7% against 2021. Overall, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 165% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, bumper imports amounted to $X in 2022. In general, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 209%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan (X tons), China (X tons) and Thailand (X tons) were the main suppliers of bumper imports to the Philippines, together accounting for 86% of total imports. Vietnam, South Korea, Indonesia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 8.8%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +62.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of bumpers to the Philippines, comprising 62% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Thailand, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value from Japan stood at +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+34.7% per year) and Thailand (+9.8% per year).

Import Prices by Country

In 2022, the average bumper import price amounted to $X per ton, with an increase of 50% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bumpers in the world?

Japan remains the largest bumper consuming country worldwide, accounting for 57% of total volume. Moreover, bumper consumption in Japan exceeded the figures recorded by the second-largest consumer, India, threefold. Brazil ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of bumpers in the world?

Japan constituted the country with the largest volume of bumper production, comprising approx. 57% of total volume. Moreover, bumper production in Japan exceeded the figures recorded by the second-largest producer, India, threefold. Brazil ranked third in terms of total production with a 6.1% share.

What are the leading suppliers of bumpers to the Philippines?

In value terms, Australia constituted the largest supplier of bumper to the Philippines, comprising 70% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 14% share of total imports. It was followed by Japan, with a 9.1% share.

What are the leading importers of bumpers from the Philippines?

In value terms, Japan, Slovakia and the United States appeared to be the largest markets for bumper exported from the Philippines worldwide, with a combined 90% share of total exports.

What is the average export price for bumpers in the Philippines?

The average bumper export price stood at $9,371 per ton in 2021, dropping by -28.2% against the previous year.

What is the average import price for bumpers in the Philippines?

In 2021, the average bumper import price amounted to $13,053 per ton, growing by 42% against the previous year.

This report provides an in-depth analysis of the bumper 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 29323010 - Bumpers and parts thereof (including plastic bumpers)

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024