Philippines: Dental Hygiene Preparations Market 2024

Dental Hygiene Preparations Market Size in the Philippines

In 2022, the Philippine dental hygiene preparations market decreased by X% to $X, falling for the second year in a row after seven years of growth. Over the period under review, consumption, however, enjoyed a significant increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Dental Hygiene Preparations Exports

Exports from the Philippines

In 2022, the amount of preparations for oral or dental hygiene exported from the Philippines skyrocketed to X tons, jumping by X% compared with the year before. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dental hygiene preparations exports surged to $X in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia (X tons), Singapore (X tons) and Northern Mariana Islands (X tons) were the main destinations of dental hygiene preparations exports from the Philippines, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Northern Mariana Islands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dental hygiene preparations exported from the Philippines were Malaysia ($X), Singapore ($X) and Northern Mariana Islands ($X), together comprising X% of total exports.

Northern Mariana Islands, with a CAGR of X%, 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 dental hygiene preparations export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price, however, saw modest growth. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Northern Mariana Islands ($X per ton) was amongst the lowest.

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

Dental Hygiene Preparations Imports

Imports into the Philippines

In 2022, approx. X tons of preparations for oral or dental hygiene were imported into the Philippines; increasing by X% compared with the previous year. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, dental hygiene preparations imports stood at $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Thailand (X tons) constituted the largest dental hygiene preparations supplier to the Philippines, with a X% share of total imports. Moreover, dental hygiene preparations imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. Malaysia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Malaysia (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of preparations for oral or dental hygiene to the Philippines, comprising X% of total imports. The second position in the ranking was held by Ireland ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and China (X% per year).

Import Prices by Country

The average dental hygiene preparations import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then fell modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :