Philippines - Wooden Frames For Paintings, Photographs, Mirrors Or Similar Objects - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWooden Frame Price in the Philippines - 2023
Contents:
- Wooden Frame Price in the Philippines (FOB) - 2022
- Wooden Frame Price in the Philippines (CIF) - 2022
- Wooden Frame Exports in the Philippines
- Wooden Frame Imports in the Philippines
Wooden Frame Price in the Philippines (FOB) - 2022
In 2022, the average wooden frame export price amounted to $3.2 per unit, dropping by -19.7% against the previous year. Overall, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 an increase of 24% against the previous year. As a result, the export price reached the peak level of $5.2 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3.2 per unit), while the average price for exports to Germany ($3.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.5%), while the prices for the other major destinations experienced a decline.
Wooden Frame Price in the Philippines (CIF) - 2022
In 2022, the average wooden frame import price amounted to $3.1 per unit, declining by -4.7% against the previous year. Over the period under review, the import price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 304% against the previous year. Over the period under review, average import prices hit record highs at $3.2 per unit in 2021, and then reduced modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($3.1 per unit) and Malaysia ($3.1 per unit), while the price for the UK ($3.1 per unit) and China ($3.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Frame Exports in the Philippines
After three years of growth, overseas shipments of wooden frames for paintings, photographs, mirrors or similar objects decreased by -10.4% to 573K units in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 250%. As a result, the exports reached the peak of 640K units, and then fell in the following year.
In value terms, wooden frame exports declined remarkably to $1.8M in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 283%. As a result, the exports reached the peak of $2.5M, and then reduced remarkably in the following year.
Export of Wooden Frame in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 233 | 530 | 2,195 | 1,611 | 90.5% |
Germany | 151 | 105 | 190 | 125 | -6.1% |
Spain | N/A | N/A | N/A | 56.1 | 0% |
Others | 89.7 | 22.5 | 132 | 17.8 | -41.7% |
Total | 474 | 657 | 2,517 | 1,810 | 56.3% |
Top Export Markets for Wooden Frame from the Philippines in 2022:
- United States (510.9K units)
- Germany (39.5K units)
- Spain (17.8K units)
Wooden Frame Imports in the Philippines
In 2022, the amount of wooden frames for paintings, photographs, mirrors or similar objects imported into the Philippines reached 395K units, picking up by 2.5% against the previous year's figure. Overall, imports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Imports peaked at 544K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, wooden frame imports declined to $1.2M in 2022. In general, imports, however, showed a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 22%. Over the period under review, imports reached the peak figure at $1.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Wooden Frame in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,258 | 794 | 842 | 849 | -12.3% |
Japan | 169 | 145 | 191 | 130 | -8.4% |
South Korea | 10.5 | 6.2 | 84.2 | 67.4 | 85.8% |
Malaysia | 50.1 | 6.0 | 0.4 | 40.7 | -6.7% |
Poland | N/A | N/A | 7.9 | 39.7 | 402.5% |
United Kingdom | 4.0 | 0.5 | 14.0 | 39.5 | 114.5% |
United States | 115 | 21.5 | 29.1 | 9.5 | -56.4% |
Others | 58.7 | 45.6 | 72.6 | 37.1 | -14.2% |
Total | 1,665 | 1,020 | 1,242 | 1,212 | -10.0% |
Top Suppliers of Wooden Frame to the Philippines in 2022:
- China (276.8K units)
- Japan (42.3K units)
- South Korea (22.0K units)
- Malaysia (13.3K units)
- Poland (12.9K units)
- United Kingdom (12.9K units)
- United States (3.1K units)
This report provides an in-depth analysis of the wooden frame 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 16291420 - Wooden frames for paintings, photographs, mirrors or similar objects
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the wooden frame market in the Philippines.
This report provides an in-depth analysis of the paper moulding machine market in the Philippines.
This report provides an in-depth analysis of the global wooden frame market.
This report provides an in-depth analysis of the global paper moulding machine market.
This report provides an in-depth analysis of the wooden frame market in the Philippines.
This report provides an in-depth analysis of the global wooden frame market.
The U.S. ($330M) constitutes the largest market for imported wooden frames for paintings, photographs, mirrors or similar objects worldwide, comprising 37% of global imports.
The U.S. ($330M) constitutes the largest market for imported wooden frames for paintings, photographs, mirrors or similar objects worldwide, comprising 37% of global imports.