Report Update Nov 1, 2024

Philippines - Surgical Gloves - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Surgical Glove Market 2024

Surgical Glove Exports

Exports from the Philippines

Surgical glove exports from the Philippines reduced sharply to X tons in 2022, waning by -55.4% on 2021. In general, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 617%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, surgical glove exports rose to $X in 2022. Over the period under review, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of 496%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X tons) was the main destination for surgical glove exports from the Philippines, with a 88% share of total exports. Moreover, surgical glove exports to Hungary exceeded the volume sent to the second major destination, Micronesia (X kg), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Hungary was relatively modest.

In value terms, Hungary ($X) emerged as the key foreign market for surgical gloves exports from the Philippines, comprising 88% of total exports. The second position in the ranking was held by Micronesia ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hungary was relatively modest.

Export Prices by Country

In 2022, the average surgical glove export price amounted to $X per ton, increasing by 129% against the previous year. In general, the export price saw a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Micronesia ($X per ton), while the average price for exports to Hungary amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Micronesia (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Surgical Glove Imports

Imports into the Philippines

In 2022, overseas purchases of surgical gloves were finally on the rise to reach X tons after two years of decline. Overall, imports, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2015 with an increase of 95%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, surgical glove imports declined slightly to $X in 2022. In general, imports recorded a buoyant increase. The growth pace was the most rapid in 2015 when imports increased by 67% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

Malaysia (X tons), China (X tons) and Thailand (X tons) were the main suppliers of surgical glove imports to the Philippines, with a combined 96% share of total imports. India and Japan lagged somewhat behind, together comprising a further 2.6%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +15.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest surgical glove suppliers to the Philippines were Malaysia ($X), China ($X) and Thailand ($X), together accounting for 96% of total imports.

In terms of the main suppliers, China, with a CAGR of +21.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average surgical glove import price amounted to $X per ton, falling by -39.2% against the previous year. Over the period under review, the import price, however, recorded a strong increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 88% against the previous year. The import price peaked at $X per ton in 2021, and then dropped notably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and Japan ($X per ton), while the price for China ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.2%), 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 surgical gloves in the world?

The countries with the highest volumes of surgical glove consumption in 2020 were Malaysia, China and the UK, with a combined 45% share of global consumption.

What are the largest producers of surgical gloves in the world?

The countries with the highest volumes of surgical glove production in 2020 were Malaysia, China and India, with a combined 72% share of global production.

What are the leading suppliers of surgical gloves to the Philippines?

In value terms, Malaysia constituted the largest supplier of surgical glove to the Philippines, comprising 55% of total imports. The second position in the ranking was occupied by China, with a 25% share of total imports. It was followed by Thailand, with a 7.3% share.

What are the leading importers of surgical gloves from the Philippines?

In value terms, Australia emerged as the key foreign market for surgical glove exports from the Philippines, comprising 90% of total exports. The second position in the ranking was occupied by Guam $358), with a 6% share of total exports. It was followed by Micronesia, with a 2.5% share.

What is the average export price for surgical gloves in the Philippines?

The average surgical glove export price stood at $9,788 per ton in 2020, increasing by 19% against the previous year.

What is the average import price for surgical gloves in the Philippines?

In 2020, the average surgical glove import price amounted to $8,895 per ton, rising by 39% against the previous year.

This report provides an in-depth analysis of the surgical glove 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 22196000 - Articles of apparel and clothing accessories (including gloves, m ittens and mitts), for all purposes, of vulcanised rubber other than hard rubber

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:

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023