Philippines - Grapefruits (Inc. Pomelos) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGrapefruit Price in the Philippines - 2023
Contents:
- Grapefruit Price in the Philippines (CIF) - 2022
- Grapefruit Price in the Philippines (FOB) - 2022
- Grapefruit Imports in the Philippines
- Grapefruit Exports in the Philippines
Grapefruit Price in the Philippines (CIF) - 2022
In 2022, the average grapefruit import price amounted to $1,046 per ton, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 93% against the previous year. Over the period under review, average import prices attained the maximum at $1,160 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($1,046 per ton), while the price for the United States ($1,046 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+37.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Grapefruit Price in the Philippines (FOB) - 2022
In 2022, the average grapefruit export price amounted to $1,002 per ton, falling by -9.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 23%. The export price peaked at $1,793 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Oman ($1,002 per ton) and Qatar ($1,002 per ton), while the average price for exports to the UK ($1,000 per ton) and Norway ($1,000 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-5.2%), while the prices for the other major destinations experienced a decline.
Grapefruit Imports in the Philippines
In 2022, the amount of grapefruits imported into the Philippines shrank dramatically to 112 tons, with a decrease of -44% compared with 2021 figures. Over the period under review, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 38%.
In value terms, grapefruit imports fell markedly to $118K in 2022. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 41%.
| Import of Grapefruit in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 176 | 126 | 139 | 72.3 | -25.7% |
| South Africa | N/A | N/A | 57.1 | 24.9 | -56.4% |
| Australia | 43.4 | 24.6 | 16.8 | 20.4 | -22.2% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 220 | 150 | 213 | 118 | -18.8% |
Top Suppliers of Grapefruit to the Philippines in 2022:
- United States (69.1 tons)
- South Africa (23.8 tons)
- Australia (19.5 tons)
Grapefruit Exports in the Philippines
In 2022, overseas shipments of grapefruits decreased by -24.5% to 5.5 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 208%. As a result, the exports attained the peak of 8.8 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, grapefruit exports fell notably to $5.5K in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 187%.
| Export of Grapefruit in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 4.4 | 0% |
| United Arab Emirates | 1.0 | 7.8 | 0.6 | 0.5 | -20.6% |
| Oman | N/A | N/A | N/A | 0.4 | 0% |
| United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
| Norway | N/A | N/A | N/A | 0.1 | 0% |
| Macao SAR | 0.3 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | N/A | 6.1 | N/A | 0% |
| Bahrain | 1.4 | N/A | 1.2 | N/A | -7.4% |
| Others | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Total | 2.8 | 7.9 | 8.1 | 5.5 | 25.2% |
Top Export Markets for Grapefruit from the Philippines in 2022:
- Qatar (4.4 tons)
- United Arab Emirates (0.5 tons)
- Oman (0.4 tons)
- United Kingdom (0.1 tons)
- Norway (0.1 tons)
This report provides an in-depth analysis of the grapefruit 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:
- FCL 507 - Grapefruit and pomelo
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
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