Philippines - Frozen Eels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Eels Price in the Philippines - 2023
Contents:
- Frozen Eels Price in the Philippines (CIF) - 2022
- Frozen Eels Price in the Philippines (FOB) - 2022
- Frozen Eels Imports in the Philippines
- Frozen Eels Exports in the Philippines
Frozen Eels Price in the Philippines (CIF) - 2022
In 2022, the average frozen eels import price amounted to $14,145 per ton, rising by 4.9% against the previous year. In general, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 1,956%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From 2018 to 2022, the rate of growth in terms of prices for China amounted to +150.8% per year.
Frozen Eels Price in the Philippines (FOB) - 2022
In 2022, the average frozen eels export price amounted to $11,429 per ton, with an increase of 13% against the previous year. In general, the export price, however, continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2019 an increase of 40% against the previous year. Over the period under review, the average export prices reached the peak figure at $14,293 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +20.6% per year.
Frozen Eels Imports in the Philippines
In 2022, frozen eels imports into the Philippines soared to 510 kg, surging by 21% compared with 2021 figures. Over the period under review, imports, however, recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 708%. As a result, imports attained the peak of 8.8 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen eels imports surged to $7.2K in 2022. In general, imports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 553% against the previous year. As a result, imports reached the peak of $83K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Frozen Eels in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 7.2 | 0% |
| China | 9.8 | 76.2 | 5.7 | N/A | -23.7% |
| United States | N/A | 6.3 | N/A | N/A | 0% |
| Taiwan (Chinese) | 2.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.6 | 82.5 | 5.7 | 7.2 | -17.0% |
Top Suppliers of Frozen Eels to the Philippines in 2022:
- Japan (510.0 kg)
Frozen Eels Exports in the Philippines
In 2022, after three years of growth, there was significant decline in shipments abroad of frozen eels, when their volume decreased by -90.1% to 210 kg. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 52% against the previous year.
In value terms, frozen eels exports declined sharply to $2.4K in 2022. Overall, exports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 69% against the previous year. As a result, the exports attained the peak of $22K, and then contracted notably in the following year.
| Export of Frozen Eels in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.5 | 12.7 | 21.5 | 2.4 | 17.0% |
| China | 8.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.8 | 12.7 | 21.5 | 2.4 | -37.4% |
Top Export Markets for Frozen Eels from the Philippines in 2022:
- Taiwan (Chinese) (210.0 kg)
This report provides an in-depth analysis of the frozen eels 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 2025.
Product coverage:
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
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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
- 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 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
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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
- 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
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