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

Philippines - Fruits And Berries - Market Analysis, Forecast, Size, Trends and Insights

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Fruit and Berry Price in the Philippines - 2023

Contents:

  1. Fruit and Berry Price in the Philippines (FOB) - 2022
  2. Fruit and Berry Price in the Philippines (CIF) - 2022
  3. Fruit and Berry Exports in the Philippines
  4. Fruit and Berry Imports in the Philippines

Fruit and Berry Price in the Philippines (FOB) - 2022

The average fruit and berry export price stood at $858 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 51%. As a result, the export price reached the peak level of $859 per ton, leveling off in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hong Kong SAR ($1,034 per ton) and the United Arab Emirates ($975 per ton), while the average price for exports to Kuwait ($813 per ton) and Saudi Arabia ($828 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 Kuwait (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit and Berry Price in the Philippines (CIF) - 2022

In 2022, the average fruit and berry import price amounted to $1,344 per ton, dropping by -3.4% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fruit and berry import price increased by +34.1% against 2015 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 10%. The import price peaked at $1,392 per ton in 2021, and then contracted modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($1,435 per ton) and Australia ($1,427 per ton), while the price for Pakistan ($1,151 per ton) and Argentina ($1,177 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Fruit and Berry Exports in the Philippines

After two years of decline, shipments abroad of fruits and berries increased by 0.4% to 1.7M tons in 2022. Overall, exports, however, saw a dramatic decline.

In value terms, fruit and berry exports stood at $1.5B in 2022. In general, exports, however, continue to indicate a deep slump.

Export of Fruit and Berry in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan837834595595-10.8%
China808614501506-14.4%
South Korea311243180199-13.8%
Hong Kong SAR59.742.830.831.0-19.6%
Saudi Arabia76.163.430.627.6-28.7%
United Arab Emirates60.048.640.626.7-23.7%
Iran67.055.613.723.4-29.6%
Others13413387.576.4-17.1%
Total2,3532,0351,4801,485-14.2%

Top Export Markets for Fruit and Berry from the Philippines in 2022:

  1. Japan (712.9K tons)
  2. China (589.1K tons)
  3. South Korea (231.6K tons)
  4. Saudi Arabia (33.3K tons)
  5. Hong Kong SAR (29.9K tons)
  6. Iran (27.5K tons)
  7. United Arab Emirates (27.3K tons)

Fruit and Berry Imports in the Philippines

In 2022, overseas purchases of fruits and berries decreased by -27.7% to 362K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year.

In value terms, fruit and berry imports declined notably to $486M in 2022. Overall, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 37%.

Import of Fruit and Berry in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3315335763946.0%
Australia37.735.946.943.34.7%
Pakistan19.822.827.217.6-3.9%
United States43.122.916.110.9-36.8%
Others31.419.929.519.8-14.2%
Total4636346964861.6%

Top Suppliers of Fruit and Berry to the Philippines in 2022:

  1. China (296.1K tons)
  2. Australia (30.4K tons)
  3. Pakistan (15.3K tons)
  4. United States (7.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fruit and berry 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 515 - Apples
  • FCL 521 - Pears
  • FCL 523 - Quinces
  • FCL 526 - Apricots
  • FCL 534 - Peaches and nectarines
  • FCL 536 - Plums
  • FCL 486 - Bananas
  • FCL 489 - Plantains
  • FCL 577 - Dates
  • FCL 569 - Figs
  • FCL 574 - Pineapples
  • FCL 572 - Avocados
  • FCL 571 - Mangoes
  • FCL 490 - Oranges
  • FCL 495 - Tangerines, mandarins, clementines, satsumas
  • FCL 507 - Grapefruit and pomelo
  • FCL 497 - Lemons and limes
  • FCL 512 - Citrus fruit nes
  • FCL 560 - Grapes
  • FCL 567 - Watermelons
  • FCL 568 - Melons, Cantaloupes
  • FCL 600 - Papayas
  • FCL 541 - Stone fruit, fresh nes
  • FCL 542 - Pome fruit nes
  • FCL 549 - Gooseberries
  • FCL 550 - Currants
  • FCL 587 - Persimmons
  • FCL 591 - Cashewapple
  • FCL 603 - Fruit, tropical (fresh) nes
  • FCL 619 - Fruit, fresh nes
  • FCL 558 - Berries nes
  • FCL 547 - Raspberries
  • FCL 552 - Blueberries
  • FCL 554 - Cranberries
  • FCL 544 - Strawberries
  • FCL 530 - Sour cherries
  • FCL 531 - Cherries
  • FCL 592 - Kiwi fruit

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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