Philippines - Dairy Spreads - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingDairy Spread Price in the Philippines - 2023
Contents:
- Dairy Spread Price in the Philippines (FOB) - 2022
- Dairy Spread Price in the Philippines (CIF) - 2022
- Dairy Spread Exports in the Philippines
- Dairy Spread Imports in the Philippines
Dairy Spread Price in the Philippines (FOB) - 2022
In 2022, the average dairy spread export price amounted to $5,846 per ton, growing by 22% against the previous year. Overall, export price indicated a resilient expansion from 2013 to 2022: its price increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy spread export price increased by +101.2% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 30% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($5,846 per ton) and Malaysia ($5,846 per ton), while the average price for exports to the United States ($5,845 per ton) and Kuwait ($5,846 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 Canada (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Dairy Spread Price in the Philippines (CIF) - 2022
The average dairy spread import price stood at $5,920 per ton in 2022, jumping by 23% against the previous year. In general, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 568%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,920 per ton), while the price for Ireland stood at $5,917 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+73.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Spread Exports in the Philippines
For the third year in a row, the Philippines recorded decline in shipments abroad of dairy spreads, which decreased by -19.5% to 138 tons in 2022. In general, exports saw a abrupt descent. The smallest decline of -4.7% was in 2021.
In value terms, dairy spread exports reduced modestly to $805K in 2022. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 4.3% against the previous year.
| Export of Dairy Spread in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 241 | 393 | 563 | 533 | 30.3% |
| United Arab Emirates | 82.1 | 87.8 | 196 | 95.3 | 5.1% |
| Australia | N/A | 15.9 | 7.9 | 56.7 | 88.8% |
| Canada | 78.8 | 56.3 | N/A | 52.5 | -12.7% |
| Kuwait | 43.7 | 54.2 | N/A | 38.9 | -3.8% |
| United States | 641 | 79.1 | 5.6 | 8.2 | -76.6% |
| Brunei Darussalam | 42.8 | 55.8 | N/A | N/A | 30.4% |
| Others | 38.6 | 41.2 | 45.2 | 19.9 | -19.8% |
| Total | 1,169 | 783 | 817 | 805 | -11.7% |
Top Export Markets for Dairy Spread from the Philippines in 2022:
- Malaysia (91.2 tons)
- United Arab Emirates (16.3 tons)
- Australia (9.7 tons)
- Canada (9.0 tons)
- Kuwait (6.7 tons)
- United States (1.4 tons)
Dairy Spread Imports in the Philippines
In 2022, imports of dairy spreads into the Philippines soared to 27 tons, picking up by 96% against the year before. Over the period under review, imports, however, continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 125% against the previous year.
In value terms, dairy spread imports surged to $161K in 2022. Overall, imports, however, continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 142% against the previous year.
| Import of Dairy Spread in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 13.5 | 157 | 1063.0% |
| Ireland | N/A | N/A | N/A | 3.7 | 0% |
| Hong Kong SAR | N/A | N/A | 33.7 | N/A | 0% |
| New Zealand | 1,499 | N/A | N/A | N/A | 0% |
| France | 11.1 | 27.0 | 19.5 | N/A | 32.5% |
| Others | 2.4 | 0.7 | 0.1 | 0.6 | -37.0% |
| Total | 1,512 | 27.7 | 66.9 | 161 | -52.6% |
Top Suppliers of Dairy Spread to the Philippines in 2022:
- China (26.5 tons)
- Ireland (0.6 tons)
This report provides an in-depth analysis of the dairy spread 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 10513070 - Dairy spreads of a fat content by weight < .80 %
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
459
This report provides an in-depth analysis of the dairy spread market in the Philippines.
491
This report provides an in-depth analysis of the butter and ghee market in the Philippines.
557
This report provides an in-depth analysis of the market for butter and dairy spreads in the Philippines.
824
This report provides an in-depth analysis of the ghee market in the Philippines.
1133
This report provides an in-depth analysis of the butter market in the Philippines.
399
This report provides an in-depth analysis of the dairy produce market in the Philippines.
1007
This report provides an in-depth analysis of the global dairy spread market.
2062
This report provides an in-depth analysis of the global butter and ghee market.
884
This report provides an in-depth analysis of the global market for butter and dairy spreads.
2796
This report provides an in-depth analysis of the global ghee market.
7815
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
2826
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
6320
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
6762
In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
1017
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2765
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
1740
New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
1565
New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
892
This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
1991
The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again
