Price for Artwork; Collages and Similar Decorative Plaques in the Philippines - 2022
Contents:
- Price for Artwork; Collages and Similar Decorative Plaques in the Philippines (FOB) - 2022
- Price for Artwork; Collages and Similar Decorative Plaques in the Philippines (CIF) - 2022
- Exports of Artwork; Collages and Similar Decorative Plaques in the Philippines
- Imports of Artwork; Collages and Similar Decorative Plaques in the Philippines
Price for Artwork; Collages and Similar Decorative Plaques in the Philippines (FOB) - 2022
The average export price for artwork; collages and similar decorative plaqueses stood at $37,899 per ton in 2022, jumping by 18% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 116% against the previous year. Over the period under review, the average export prices hit record highs at $41,958 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($81,164 per ton), while the average price for exports to Hong Kong SAR ($7,000 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 the United States (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Artwork; Collages and Similar Decorative Plaques in the Philippines (CIF) - 2022
In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $26,545 per ton, picking up by 55% against the previous year. In general, the import price saw significant growth. The growth pace was the most rapid in 2014 an increase of 145%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($104,347 per ton), while the price for Singapore ($12,569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+40.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Artwork; Collages and Similar Decorative Plaques in the Philippines
In 2022, exports of artwork; collages and similar decorative plaqueses from the Philippines declined to 19 tons, with a decrease of -1.8% against the previous year's figure. Over the period under review, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 104%. As a result, the exports reached the peak of 19 tons, and then dropped slightly in the following year.
In value terms, exports of artwork; collages and similar decorative plaqueses skyrocketed to $723K in 2022. In general, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Artwork; Collages and Similar Decorative Plaques in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 240 | 412 | 71.7% |
| United States | 290 | 298 | 291 | 290 | 0.0% |
| Japan | 17.9 | 6.6 | 8.7 | 13.2 | -9.7% |
| Singapore | 43.3 | 6.8 | 18.1 | 2.0 | -64.1% |
| Hong Kong SAR | 0.4 | N/A | 49.9 | N/A | 1016.9% |
| Thailand | 78.6 | N/A | N/A | N/A | 0% |
| Others | 15.7 | 24.0 | 14.0 | 5.5 | -29.5% |
| Total | 446 | 336 | 622 | 723 | 17.5% |
Top Export Markets for Artwork; Collages and Similar Decorative Plaques from the Philippines in 2022:
- South Korea (14.5 tons)
- United States (3.6 tons)
- Japan (0.9 tons)
Imports of Artwork; Collages and Similar Decorative Plaques in the Philippines
Imports of artwork; collages and similar decorative plaqueses into the Philippines fell sharply to 13 tons in 2022, waning by -57.1% compared with the year before. Overall, imports saw a dramatic setback. The growth pace was the most rapid in 2021 when imports increased by 178% against the previous year.
In value terms, imports of artwork; collages and similar decorative plaqueses shrank rapidly to $356K in 2022. Over the period under review, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 124% against the previous year.
| Import of Artwork; Collages and Similar Decorative Plaques in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 236 | 32.8 | 420 | 215 | -3.1% |
| United States | 14.8 | 35.1 | 9.8 | 69.2 | 67.2% |
| Italy | 188 | N/A | 0.7 | 28.9 | -46.4% |
| United Kingdom | 8.7 | 1.2 | 7.9 | 13.6 | 16.1% |
| Singapore | 29.5 | 5.5 | 5.4 | 8.7 | -33.4% |
| Hong Kong SAR | 224 | 1.0 | 0.4 | 1.0 | -83.5% |
| Japan | 118 | 4.7 | 63.3 | 0.9 | -80.3% |
| South Korea | 9.1 | 104 | 14.7 | 0.2 | -72.0% |
| Others | 113 | 55.2 | 14.6 | 18.8 | -45.0% |
| Total | 940 | 240 | 536 | 356 | -27.6% |
Top Suppliers of Artwork; Collages and Similar Decorative Plaques to the Philippines in 2022:
- China (9.5 tons)
- United States (1.9 tons)
- United Kingdom (0.9 tons)
- Singapore (0.7 tons)
- Italy (0.3 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
