Price for Fruit, Edible; Apples, Dried in the Philippines - 2023

Contents:

  1. Price for Fruit, Edible; Apples, Dried in the Philippines (CIF) - 2022
  2. Imports of Fruit, Edible; Apples, Dried in the Philippines

Price for Fruit, Edible; Apples, Dried in the Philippines (CIF) - 2022

In 2022, the average fruit, edible; apples, dried import price amounted to $5,445 per ton, shrinking by -30% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 68% against the previous year. The import price peaked at $11,513 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +13.6% per year.

Imports of Fruit, Edible; Apples, Dried in the Philippines

In 2022, imports of fruit, edible; apples, dried into the Philippines contracted dramatically to 4.4 tons, which is down by -57% against the previous year. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of 10 tons, and then plummeted in the following year.

In value terms, fruit, edible; apples, dried imports shrank markedly to $24K in 2022. Over the period under review, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 25%.

Import of Fruit, Edible; Apples, Dried in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy38.829.538.424.1-14.7%
China15.514.615.9N/A1.3%
Others29.720.025.7N/A-7.0%
Total84.164.079.924.1-34.1%

Top Suppliers of Fruit, Edible; Apples, Dried to the Philippines in 2022:

  1. Italy (4.4 tons)

Source: IndexBox Market Intelligence Platform

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