Philippines: Market for Sterile Surgical Or Dental Adhesion Barriers 2024

Market Size for Sterile Surgical Or Dental Adhesion Barriers in the Philippines

The Philippine sterile medical adhesion barrier market dropped dramatically to $X in 2022, which is down 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). Overall, consumption continues to indicate a noticeable decline. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Exports of Sterile Surgical Or Dental Adhesion Barriers

Exports from the Philippines

In 2022, the amount of sterile surgical or dental adhesion barriers exported from the Philippines surged to X tons, with an increase of X% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sterile medical adhesion barrier exports soared to $X in 2022. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for sterile medical adhesion barrier exports from the Philippines, accounting for a X% share of total exports. Moreover, sterile medical adhesion barrier exports to the Netherlands exceeded the volume sent to the second major destination, Taiwan (Chinese) (X kg), tenfold. The third position in this ranking was held by Indonesia (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Indonesia (X% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for sterile surgical or dental adhesion barriers exports from the Philippines, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the average sterile medical adhesion barrier export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 Pakistan ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sterile Surgical Or Dental Adhesion Barriers

Imports into the Philippines

In 2022, approx. X tons of sterile surgical or dental adhesion barriers were imported into the Philippines; declining by X% against the previous year. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, sterile medical adhesion barrier imports reduced remarkably to $X in 2022. In general, imports, however, showed a notable expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of sterile medical adhesion barrier to the Philippines, with a X% share of total imports. Moreover, sterile medical adhesion barrier imports from the United States exceeded the figures recorded by the second-largest supplier, Singapore (X tons), threefold. The third position in this ranking was held by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Spain (X% per year).

In value terms, Spain ($X) constituted the largest supplier of sterile surgical or dental adhesion barriers to the Philippines, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and the United States (X% per year).

Import Prices by Country

The average sterile medical adhesion barrier import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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