Philippines - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Sweet Corn Price in the Philippines - 2023
Contents:
- Frozen Sweet Corn Price in the Philippines (CIF) - 2022
- Frozen Sweet Corn Price in the Philippines (FOB) - 2022
- Frozen Sweet Corn Imports in the Philippines
- Frozen Sweet Corn Exports in the Philippines
Frozen Sweet Corn Price in the Philippines (CIF) - 2022
In 2022, the average frozen sweet corn import price amounted to $1,320 per ton, therefore, remained relatively stable against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen sweet corn import price decreased by -7.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 41%. As a result, import price attained the peak level of $1,425 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,320 per ton), while the price for China ($1,320 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 (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Sweet Corn Price in the Philippines (FOB) - 2022
In 2022, the average frozen sweet corn export price amounted to $1,229 per ton, falling by -1.6% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 83%. Over the period under review, the average export prices reached the peak figure at $2,429 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($1,230 per ton) and the United States ($1,229 per ton), while the average price for exports to Qatar ($1,229 per ton) and Guam ($1,229 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.1%), while the prices for the other major destinations experienced a decline.
Frozen Sweet Corn Imports in the Philippines
In 2022, frozen sweet corn imports into the Philippines surged to 491 tons, with an increase of 63% compared with 2021. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 84%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, frozen sweet corn imports skyrocketed to $648K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Sweet Corn in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 304 | 478 | 335 | 599 | 25.4% |
| Belgium | 1.3 | 10.1 | 38.1 | 31.6 | 189.7% |
| Others | 9.0 | 18.4 | 28.5 | 17.0 | 23.6% |
| Total | 315 | 506 | 402 | 648 | 27.2% |
Top Suppliers of Frozen Sweet Corn to the Philippines in 2022:
- China (454.1 tons)
- Belgium (23.9 tons)
Frozen Sweet Corn Exports in the Philippines
In 2022, approx. 17 tons of frozen sweet corn were exported from the Philippines; picking up by 643% compared with the previous year. Over the period under review, exports, however, showed a abrupt contraction.
In value terms, frozen sweet corn exports soared to $21K in 2022. Overall, exports, however, saw a relatively flat trend pattern.
| Export of Frozen Sweet Corn in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 10.3 | 0% |
| Guam | N/A | N/A | 0.4 | 5.0 | 1150.0% |
| United Kingdom | N/A | N/A | N/A | 3.5 | 0% |
| Qatar | N/A | 1.0 | 1.1 | 1.7 | 30.4% |
| United Arab Emirates | 4.4 | 0.8 | 0.8 | 0.7 | -45.8% |
| Australia | 17.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 21.4 | 1.8 | 2.9 | 21.3 | -0.2% |
Top Export Markets for Frozen Sweet Corn from the Philippines in 2022:
- United States (8.4 tons)
- Guam (4.1 tons)
- United Kingdom (2.8 tons)
- Qatar (1.4 tons)
- United Arab Emirates (0.6 tons)
This report provides an in-depth analysis of the frozen sweet corn 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 447 - Sweet Corn, Frozen
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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