Frozen Strawberries Price in the Philippines - 2023
Contents:
- Frozen Strawberries Price in the Philippines (CIF) - 2022
- Frozen Strawberries Imports in the Philippines
Frozen Strawberries Price in the Philippines (CIF) - 2022
The average frozen strawberries import price stood at $1,986 per ton in 2022, with an increase of 4.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 12% against the previous year. The import price peaked at $1,992 per ton in 2014; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,986 per ton), while the price for Australia ($1,986 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Strawberries Imports in the Philippines
In 2022, the amount of frozen strawberrieses imported into the Philippines surged to 1.9K tons, jumping by 67% against 2021. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen strawberries imports soared to $3.7M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Strawberries in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.5 | 1.3 | 1.9 | 3.4 | 31.4% |
Belgium | N/A | N/A | 0.1 | 0.2 | 100.0% |
Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
Total | 1.5 | 1.4 | 2.1 | 3.7 | 35.1% |
Top Suppliers of Frozen Strawberries to the Philippines in 2022:
- China (1733.9 tons)
- Belgium (125.0 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
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