Philippines - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBacon and Ham Price in the Philippines - 2023
Contents:
- Bacon and Ham Price in the Philippines (CIF) - 2022
- Bacon and Ham Price in the Philippines (FOB) - 2022
- Bacon and Ham Imports in the Philippines
- Bacon and Ham Exports in the Philippines
Bacon and Ham Price in the Philippines (CIF) - 2022
In 2022, the average bacon and ham import price amounted to $7,695 per ton, jumping by 81% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,292 per ton), while the price for Italy ($3,821 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bacon and Ham Price in the Philippines (FOB) - 2022
In 2022, the average bacon and ham export price amounted to $3,882 per ton, waning by -6.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 33%. Over the period under review, the average export prices hit record highs at $4,156 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($4,361 per ton), while the average price for exports to Hong Kong SAR ($2,227 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 Bahrain (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Bacon and Ham Imports in the Philippines
In 2022, after three years of growth, there was significant decline in overseas purchases of bacon, ham and other dried, salted or smoked pig meat, when their volume decreased by -86.8% to 37 tons. Overall, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of 281 tons, and then reduced notably in the following year.
In value terms, bacon and ham imports declined rapidly to $285K in 2022. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of $1.2M, and then shrank markedly in the following year.
| Import of Bacon and Ham in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 56.0 | 4.3 | 26.0 | 104 | 22.9% |
| United States | 45.6 | 406 | 333 | 90.6 | 25.7% |
| Italy | 9.1 | 42.3 | 99.4 | 79.4 | 105.9% |
| France | 10.0 | 11.6 | 207 | N/A | 355.0% |
| Australia | 10.4 | 3.4 | 22.9 | N/A | 48.4% |
| Canada | 39.9 | 11.2 | 10.0 | N/A | -49.9% |
| Others | 293 | 147 | 495 | 10.7 | -66.8% |
| Total | 464 | 626 | 1,194 | 285 | -15.0% |
Top Suppliers of Bacon and Ham to the Philippines in 2022:
- Italy (20.8 tons)
- Spain (9.4 tons)
- United States (6.3 tons)
Bacon and Ham Exports in the Philippines
In 2022, exports of bacon, ham and other dried, salted or smoked pig meat from the Philippines declined markedly to 20 tons, which is down by -26.6% against 2021. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 113% against the previous year.
In value terms, bacon and ham exports dropped sharply to $78K in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 169% against the previous year. As a result, the exports reached the peak of $114K, and then dropped remarkably in the following year.
| Export of Bacon and Ham in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 81.2 | 21.3 | 32.4 | 37.3 | -22.8% |
| Qatar | 13.6 | 12.6 | 43.9 | 29.5 | 29.4% |
| Bahrain | 10.5 | 6.2 | 9.8 | 5.8 | -17.9% |
| Hong Kong SAR | 1.4 | 1.5 | 6.4 | 4.3 | 45.4% |
| Others | 1.3 | 1.0 | 21.9 | 1.6 | 7.2% |
| Total | 108 | 42.6 | 114 | 78.5 | -10.1% |
Top Export Markets for Bacon and Ham from the Philippines in 2022:
- United Arab Emirates (9.6 tons)
- Qatar (6.8 tons)
- Bahrain (1.9 tons)
- Hong Kong SAR (1.9 tons)
This report provides an in-depth analysis of the bacon and ham 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
- Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
1024
This report provides an in-depth analysis of the bacon and ham market in the Philippines.
107
This report provides an in-depth analysis of the market for salted, dried or smoked meat, and offal in the Philippines.
420
This report provides an in-depth analysis of the market for salted, dried, or smoked swine bellies in the Philippines.
384
This report provides an in-depth analysis of the preserved beef market in the Philippines.
370
This report provides an in-depth analysis of the market for salted, dried, or smoked hams, shoulders and cuts of swine in the Philippines.
503
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies in the Philippines.
314
This report provides an in-depth analysis of the hand saw market in the Philippines.
296
This report provides an in-depth analysis of the market for bed linen of knitted or crocheted textiles in the Philippines.
555
This report provides an in-depth analysis of the handmade paper market in the Philippines.
273
This report provides an in-depth analysis of the felt market in the Philippines.
938
In value terms, saws and blades imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fl...
749
In value terms, saws and blades exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some ...
1364
In value terms, felt imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noticeable flu...
1018
In value terms, felt exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consistent, with only min...
206
Explore the top import markets for canned meat, including key statistics and market insights. Discover the countries with the highest import values in the canned meat industry.
706
In 2019, the global canned meat market increased by 2.9% to $245.5B, rising for the fourth year in a row...
786
In value terms, bran, sharps and other residues; exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual ra...
1575
Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
162
Explore the top import markets for cigars and cigarillos around the world. Find out key statistics and import values for countries like the United States, Germany, Italy, and more.
1314
In value terms, artificial filament yarn imports totaled $X in 2016. In general, artificial filament yarn imports continue to indicate a slight shrinkage. Over the period under review, global artif...
