Philippines: Market for Tailor Dummies And Automata 2025

Market Size for Tailor Dummies And Automata in the Philippines

The Philippine tailor dummies and automata market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, continues to indicate a noticeable contraction. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Production of Tailor Dummies And Automata in the Philippines

In value terms, tailor dummies and automata production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2018 when the production volume increased by 72% against the previous year. Tailor dummies and automata production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Tailor Dummies And Automata

Exports from the Philippines

In 2021, the amount of tailor dummies and automata exported from the Philippines fell significantly to X tons, waning by -34.3% against the previous year's figure. Overall, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 493% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, tailor dummies and automata exports fell markedly to $X in 2021. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by 887% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons), the United States (X tons) and the United Arab Emirates (X tons) were the main destinations of tailor dummies and automata exports from the Philippines, together comprising 63% of total exports. China, Indonesia, Germany, Japan, South Korea, Saudi Arabia, Canada, Australia, the UK and Italy lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +17.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and China ($X) appeared to be the largest markets for tailor dummies and automata exported from the Philippines worldwide, together accounting for 64% of total exports. These countries were followed by the United Arab Emirates, Indonesia, Germany, Japan, South Korea, Saudi Arabia, Canada, Australia, the UK and Italy, which together accounted for a further 28%.

South Korea, with a CAGR of +49.0%, recorded the highest growth rate of the value of exports, among 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 tailor dummies and automata export price stood at $X per ton in 2021, jumping by 27% against the previous year. Overall, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 70% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United Arab Emirates ($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 South Korea (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tailor Dummies And Automata

Imports into the Philippines

In 2021, supplies from abroad of tailor dummies and automata was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, saw a sharp setback. The pace of growth appeared the most rapid in 2017 when imports increased by 31%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, tailor dummies and automata imports surged to $X in 2021. Overall, imports saw a pronounced expansion. The most prominent rate of growth was recorded in 2013 with an increase of 102% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of tailor dummies and automata to the Philippines, accounting for a 68% share of total imports. Moreover, tailor dummies and automata imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -24.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+11.4% per year) and the Netherlands (+27.4% per year).

In value terms, China ($X) constituted the largest supplier of tailor dummies and automata to the Philippines, comprising 68% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.1% share of total imports. It was followed by the Netherlands, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.2% per year) and the Netherlands (+21.6% per year).

Import Prices by Country

The average tailor dummies and automata import price stood at $X per ton in 2021, growing by 6.6% against the previous year. Overall, the import price saw a significant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 283%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Germany ($X per ton) and France ($X per ton), while the price for China ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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