Philippines: Market for Toilet And Kitchen Linen 2024

Market Size for Toilet And Kitchen Linen in the Philippines

In 2021, the Philippine toilet and kitchen linen market was finally on the rise to reach $X after two years of decline. Overall, consumption posted a strong increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Toilet And Kitchen Linen in the Philippines

In value terms, toilet and kitchen linen production expanded slightly to $X in 2021 estimated in export price. In general, production recorded a resilient increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 82%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Toilet And Kitchen Linen

Exports from the Philippines

Toilet and kitchen linen exports from the Philippines soared to X units in 2021, increasing by 83% compared with 2020 figures. Over the period under review, exports, however, recorded a dramatic descent. The pace of growth appeared the most rapid in 2016 with an increase of 4,741%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, toilet and kitchen linen exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a dramatic downturn. The growth pace was the most rapid in 2016 with an increase of 7,804% 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 stood at a somewhat lower figure.

Exports by Country

Guam (X units), the United States (X units) and Canada (X units) were the main destinations of toilet and kitchen linen exports from the Philippines, together accounting for 92% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +39.4%), while the other leaders experienced more modest paces of growth.

In value terms, Guam ($X), the United States ($X) and Canada ($X) appeared to be the largest markets for toilet and kitchen linen exported from the Philippines worldwide, with a combined 91% share of total exports. The United Arab Emirates, Singapore and Hong Kong SAR lagged somewhat behind, together comprising a further 7.6%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +34.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average toilet and kitchen linen export price stood at $X per unit in 2021, growing by 13% against the previous year. Over the period under review, the export price enjoyed a tangible increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 262% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($X per unit) and Singapore ($X per unit), while the average price for exports to the United States ($X per unit) and Guam ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Toilet And Kitchen Linen

Imports into the Philippines

In 2021, after four years of decline, there was significant growth in overseas purchases of toilet and kitchen linen, when their volume increased by 24% to X units. In general, imports continue to indicate moderate growth. The most prominent rate of growth was recorded in 2014 when imports increased by 303% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, toilet and kitchen linen imports surged to $X in 2021. Over the period under review, imports showed a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by 177% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), India (X units) and Indonesia (X units) were the main suppliers of toilet and kitchen linen imports to the Philippines, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +52.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Indonesia ($X) constituted the largest toilet and kitchen linen suppliers to the Philippines, together accounting for 79% of total imports.

India, with a CAGR of +64.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average toilet and kitchen linen import price amounted to $X per unit, rising by 5.8% against the previous year. In general, the import price posted strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 264% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from India ($X per unit) and Japan ($X per unit), while the price for China ($X per unit) and Bangladesh ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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