Philippines - Beer - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Beer - Market Analysis, Forecast, Size, Trends And Insights

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Beer Price in the Philippines - 2023

Contents:

  1. Beer Price in the Philippines (CIF) - 2023
  2. Beer Price in the Philippines (FOB) - 2023
  3. Beer Imports in the Philippines
  4. Beer Exports in the Philippines

Beer Price in the Philippines (CIF) - 2023

In July 2023, the average beer import price amounted to $1.4 per litre, leveling off at the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 16% m-o-m. As a result, import price reached the peak level of $1.5 per litre. From September 2022 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($1.8 per litre), while the price for Belgium ($805 per thousand litres) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Beer Price in the Philippines (FOB) - 2023

In July 2023, the average beer export price amounted to $719 per thousand litres, which is down by -39.1% against the previous month. In general, the export price continues to indicate a significant contraction. The pace of growth appeared the most rapid in November 2022 an increase of 49% against the previous month. The export price peaked at $11.2 per litre in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($852 per thousand litres), while the average price for exports to Taiwan (Chinese) ($497 per thousand litres) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+0.1%), while the prices for the other major destinations experienced a decline.

Beer Imports in the Philippines

In 2022, imports of beer into the Philippines surged to 5.4M litres, rising by 72% on the previous year. Over the period under review, imports enjoyed temperate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, beer imports skyrocketed to $7M in 2022. Overall, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Beer in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,4366271,5652,59021.7%
China3922276742,10475.1%
Germany38418032162417.6%
Netherlands622530389523-5.6%
Belgium3622323054336.2%
Spain95.473.811419126.0%
GreeceN/AN/A18.7162766.3%
Thailand61728894.941.7-59.3%
Mexico1,256333244N/A-55.9%
Others501235145334-12.6%
Total5,6662,7273,8707,0037.3%

Top Suppliers of Beer to the Philippines in 2022:

  1. Vietnam (1788.0K litres)
  2. China (1523.0K litres)
  3. Germany (725.2K litres)
  4. Belgium (524.4K litres)
  5. Netherlands (332.4K litres)
  6. Spain (132.7K litres)
  7. Greece (97.5K litres)
  8. Thailand (39.6K litres)

Beer Exports in the Philippines

In 2022, the amount of beer exported from the Philippines surged to 2.3M litres, rising by 21% against the previous year. Over the period under review, exports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. The exports peaked at 2.6M litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, beer exports soared to $2.6M in 2022. In general, exports showed a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 56%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Beer in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea5504105551,56541.7%
Taiwan (Chinese)72.711479.029659.7%
United States38.040.242.921578.2%
Hong Kong SAR13152.01291637.6%
Singapore75.175.060.914424.2%
United Arab Emirates91543092559.0-59.9%
Maldives44.822.117.445.20.3%
Others31.739.531.413361.3%
Total1,8581,1841,8412,61912.1%

Top Export Markets for Beer from the Philippines in 2022:

  1. South Korea (1307.0K litres)
  2. Taiwan (Chinese) (327.9K litres)
  3. United States (212.9K litres)
  4. Hong Kong SAR (169.8K litres)
  5. Singapore (113.1K litres)
  6. United Arab Emirates (65.6K litres)
  7. Maldives (60.3K litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the beer 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 51 - Beer of Barley

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Beer - Philippines