Philippines - Dolls And Toys - Market Analysis, Forecast, Size, Trends and Insights
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View PricingToy Price in the Philippines - 2023
Contents:
- Toy Price in the Philippines (CIF) - 2022
- Toy Price in the Philippines (FOB) - 2022
- Toy Imports in the Philippines
- Toy Exports in the Philippines
Toy Price in the Philippines (CIF) - 2022
In 2022, the average toy import price amounted to $15,158 per ton, growing by 2.5% against the previous year. In general, the import price saw a significant expansion. The growth pace was the most rapid in 2019 an increase of 246%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($15,159 per ton) and Japan ($15,159 per ton), while the price for China ($15,159 per ton) and Hong Kong SAR ($15,159 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Toy Price in the Philippines (FOB) - 2022
The average toy export price stood at $17,690 per ton in 2022, reducing by -6.9% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the average export price increased by 42%. Over the period under review, the average export prices attained the peak figure at $19,010 per ton in 2021, and then declined in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($17,692 per ton) and Japan ($17,692 per ton), while the average price for exports to the Netherlands ($17,691 per ton) and the UK ($17,692 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Toy Imports in the Philippines
In 2022, imports of dolls and toys into the Philippines surged to 11K tons, with an increase of 28% compared with the previous year's figure. In general, imports, however, recorded a abrupt setback.
In value terms, toy imports skyrocketed to $167M in 2022. Overall, imports, however, saw a noticeable contraction.
Import of Toy in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 156 | 92.2 | 112 | 143 | -2.9% |
Vietnam | 8.1 | 6.5 | 4.4 | 9.7 | 6.2% |
Japan | 2.2 | 2.3 | 3.4 | 4.3 | 25.0% |
Hong Kong SAR | 4.8 | 1.7 | 3.0 | 1.4 | -33.7% |
United Arab Emirates | 2.5 | 2.7 | 0.7 | N/A | -47.1% |
Others | 8.6 | 3.6 | 3.4 | 8.3 | -1.2% |
Total | 182 | 109 | 127 | 167 | -2.8% |
Top Suppliers of Toy to the Philippines in 2022:
- United Arab Emirates (undefinedK tons)
- China (9.4K tons)
- Vietnam (0.6K tons)
- Japan (0.3K tons)
- Hong Kong SAR (0.1K tons)
Toy Exports in the Philippines
In 2022, exports of dolls and toys from the Philippines soared to 3.6K tons, jumping by 25% on the year before. In general, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, toy exports surged to $63M in 2022. Overall, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
Export of Toy in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 35.0 | 17.5 | 20.8 | 28.1 | -7.1% |
United States | 7.7 | 11.3 | 17.0 | 20.2 | 37.9% |
South Korea | 4.6 | 2.5 | 4.5 | 3.5 | -8.7% |
Netherlands | 0.2 | 1.0 | 1.7 | 1.9 | 111.8% |
Germany | 1.8 | 2.0 | 2.7 | 1.9 | 1.8% |
United Kingdom | 1.0 | 1.4 | 2.0 | 1.8 | 21.6% |
Others | 6.2 | 4.6 | 5.2 | 5.6 | -3.3% |
Total | 56.6 | 40.3 | 54.0 | 63.0 | 3.6% |
Top Export Markets for Toy from the Philippines in 2022:
- Japan (1587.6 tons)
- United States (1140.7 tons)
- South Korea (197.7 tons)
- Germany (109.7 tons)
- Netherlands (105.3 tons)
- United Kingdom (104.4 tons)
This report provides an in-depth analysis of the toy 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 32401100 - Dolls representing only human beings
- Prodcom 32401200 - Toys representing animals or non-human creatures
- Prodcom 32401300 - Parts and accessories for dolls representing only human beings
- Prodcom 32402000 - Toy trains and their accessories, other reduced-size models or construction sets and constructional toys
- Prodcom 32403100 - Wheeled toys designed to be ridden by children (excluding bicycles), dolls
- Prodcom 32403200 - Puzzles
- Prodcom 32403920 - Toy musical instruments and apparatus, toys put up in sets or outfits (excluding electric trains, scale model assembly kits, c onstruction sets and constructional toys, and puzzles), toys and models incorporating a motor, toy weapons
- Prodcom 32403940 - Other toys of plastics
- Prodcom 32403960 - Toy die-cast miniature models of metal
- Prodcom 32403990 - Other toys n.e.c.
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
-
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 toy market in the Philippines.
This report provides an in-depth analysis of the global toy market.
This report provides an in-depth analysis of the toy market in the Philippines.
This report provides an in-depth analysis of the global toy market.
Discover the latest consumer trends and growth opportunities in the dynamic toy market. Get valuable insights and forecasts, and learn about the top consumption countries and major players in the industry.
From 2010 to 2015, the global toy market showed an upward trend, increasing to X million USD. In physical terms, the market fluctuated somewhat wildly, finally amounting to X thousand tons, an increase of X% aga
From 2007 to 2015, global exports on the toy market increased by +X% per year, amounting to X million USD in 2015. In physical terms, exports reached X thousand tons in 2015, an increase of X thousand tons against the previous year.
Dolls and toys production reached X million USD in 2015, with a positive dynamic being recorded over the last few years. The gradual increase over the period from 2011 to 2015 was followed by a slight decline in 2009, and strong growth in 2010. Fr
The global dolls and toys market earned total revenues of X billion USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015.
In 2015, the value of total imports on the global doll and toy market stood at X million USD. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical terms, the total volume of dolls and toys reached X thou
From 2007 to 2014, EU total exports of dolls and toys grew by X% per year, amounting to X million EUR in 2014. In physical terms, they decreased to X thousand tons in 2014, which was X thousand tons less than the year before.
China dominates in the global doll and toy trade. In 2014, China exported X million tons of dolls and toys totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total dolls a
Discover the latest consumer trends and growth opportunities in the dynamic toy market. Get valuable insights and forecasts, and learn about the top consumption countries and major players in the industry.
From 2010 to 2015, the global toy market showed an upward trend, increasing to X million USD. In physical terms, the market fluctuated somewhat wildly, finally amounting to X thousand tons, an increase of X% aga