Report Update: May 1, 2024

Philippines - Fruit Flour - Market Analysis, Forecast, Size, Trends And Insights

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Fruit Flour Price in the Philippines - 2023

Fruit Flour Price in the Philippines (FOB) - 2022

The average fruit flour export price stood at $1,400 per ton in 2022, which is down by -12.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 37%. As a result, the export price attained the peak level of $1,596 per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($1,788 per ton), while the average price for exports to Vietnam ($707 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit Flour Price in the Philippines (CIF) - 2022

In 2022, the average fruit flour import price amounted to $6,014 per ton, reducing by -8% against the previous year. In general, the import price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 257%. The import price peaked at $12,223 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($6,014 per ton) and the United States ($6,014 per ton), while the price for India ($6,013 per ton) and Thailand ($6,014 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Fruit Flour Exports in the Philippines

In 2022, overseas shipments of fruit flour decreased by -50.7% to 1.9K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp slump. The pace of growth was the most pronounced in 2020 when exports increased by 10%. As a result, the exports reached the peak of 4.7K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fruit flour exports fell significantly to $2.6M in 2022. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 49% against the previous year.

Export of Fruit Flour in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1,509	2,150	2,472	771	-20.1%
Germany	272	618	725	475	20.4%
South Korea	470	588	364	337	-10.5%
Australia	449	391	131	330	-9.8%
Canada	127	240	470	283	30.6%
United Kingdom	109	371	259	80.6	-9.6%
Japan	126	99.4	99.1	38.2	-32.8%
Brazil	141	125	14.9	9.2	-59.7%
Others	437	825	1,510	290	-12.8%
Total	3,640	5,408	6,047	2,615	-10.4%

Top Export Markets for Fruit Flour from the Philippines in 2022:

United States (575.8 tons)
South Korea (393.7 tons)
Germany (325.5 tons)
Australia (184.8 tons)
Canada (175.5 tons)
United Kingdom (59.9 tons)
Japan (27.3 tons)
Brazil (6.9 tons)

Fruit Flour Imports in the Philippines

In 2022, approx. 241 tons of fruit flour were imported into the Philippines; picking up by 86% compared with 2021 figures. Overall, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fruit flour imports surged to $1.4M in 2022. In general, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fruit Flour in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	288	174	246	578	26.1%
Indonesia	562	410	302	366	-13.3%
Thailand	506	2.3	247	257	-20.2%
Vietnam	N/A	N/A	N/A	125	0%
Germany	27.3	N/A	N/A	40.4	14.0%
South Korea	7.7	5.2	1.0	36.0	67.2%
India	0.9	12.8	7.0	24.9	202.4%
Taiwan (Chinese)	5.8	6.3	2.5	1.9	-31.1%
Others	45.3	23.9	38.5	18.6	-25.7%
Total	1,443	634	843	1,447	0.1%

Top Suppliers of Fruit Flour to the Philippines in 2022:

United States (96.2 tons)
Indonesia (60.8 tons)
Thailand (42.7 tons)
Vietnam (20.7 tons)
Germany (6.7 tons)
South Korea (6.0 tons)
India (4.1 tons)
Taiwan (Chinese) (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fruit flour 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 624 - Flour of Fruits

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023