Philippines - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrange Price in the Philippines - 2023
Contents:
- Orange Price in the Philippines (CIF) - 2022
- Orange Price in the Philippines (FOB) - 2022
- Orange Imports in the Philippines
- Orange Exports in the Philippines
Orange Price in the Philippines (CIF) - 2022
In 2022, the average orange import price amounted to $842 per ton, leveling off at the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orange import price decreased by -10.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 22%. Over the period under review, average import prices attained the peak figure at $935 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($842 per ton) and Australia ($842 per ton), while the price for China ($842 per ton) and Pakistan ($842 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Orange Price in the Philippines (FOB) - 2022
In 2022, the average orange export price amounted to $893 per ton, reducing by -7.9% against the previous year. Over the period under review, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2014 an increase of 730%. As a result, the export price reached the peak level of $1,342 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Jordan ($893 per ton) and Australia ($893 per ton), while the average price for exports to Qatar ($893 per ton) and Bahrain ($893 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+254.2%), while the prices for the other major destinations experienced more modest paces of growth.
Orange Imports in the Philippines
In 2022, imports of oranges into the Philippines declined to 24K tons, which is down by -9.2% compared with 2021 figures. Overall, imports saw a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 9.4% against the previous year. As a result, imports reached the peak of 26K tons, and then dropped in the following year.
In value terms, orange imports dropped to $20M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 17% against the previous year. As a result, imports reached the peak of $22M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Orange in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 8.6 | 10.2 | 9.8 | 9.5 | 3.4% |
| China | 4.7 | 5.9 | 7.0 | 7.3 | 15.8% |
| United States | 1.8 | 2.0 | 2.0 | 1.8 | 0.0% |
| Pakistan | 0.8 | 1.3 | 0.2 | 1.2 | 14.5% |
| Hong Kong SAR | 2.6 | 2.3 | 1.8 | N/A | -16.8% |
| Others | 0.7 | 0.6 | 1.2 | 0.2 | -34.1% |
| Total | 19.1 | 22.3 | 22.0 | 20.0 | 1.5% |
Top Suppliers of Orange to the Philippines in 2022:
- Australia (11.3K tons)
- China (8.7K tons)
- United States (2.1K tons)
- Pakistan (1.4K tons)
Orange Exports in the Philippines
In 2022, the amount of oranges exported from the Philippines soared to 12 tons, with an increase of 8,971% against the previous year's figure. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, orange exports skyrocketed to $11K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Orange in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 6,495 | 0% |
| Jordan | N/A | N/A | N/A | 1,116 | 0% |
| Qatar | 1.0 | 1.0 | 2.0 | 1,030 | 909.9% |
| New Zealand | N/A | N/A | N/A | 954 | 0% |
| Bahrain | 14.0 | 1.0 | 4.0 | 952 | 308.2% |
| Hong Kong SAR | 154 | 42.0 | 103 | N/A | -18.2% |
| Others | 141 | 5.0 | 19.0 | 145 | 0.9% |
| Total | 310 | 49.0 | 128 | 10,692 | 225.5% |
Top Export Markets for Orange from the Philippines in 2022:
- Australia (7.3 tons)
- Jordan (1.3 tons)
- Qatar (1.2 tons)
- Bahrain (1.1 tons)
- New Zealand (1.1 tons)
This report provides an in-depth analysis of the orange 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 490 - Oranges
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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