Philippines - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlum and Sloe Price in the Philippines - 2023
Contents:
- Plum and Sloe Price in the Philippines (CIF) - 2022
- Plum and Sloe Price in the Philippines (FOB) - 2022
- Plum and Sloe Imports in the Philippines
- Plum and Sloe Exports in the Philippines
Plum and Sloe Price in the Philippines (CIF) - 2022
In 2022, the average plum and sloe import price amounted to $1,546 per ton, stabilizing at the previous year. Overall, the import price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2015 an increase of 103% against the previous year. As a result, import price attained the peak level of $1,827 per ton. From 2016 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 Australia ($1,546 per ton), while the price for the United States totaled $1,546 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Plum and Sloe Price in the Philippines (FOB) - 2022
In 2022, the average plum and sloe export price amounted to $1,495 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 76%. The export price peaked at $4,558 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,729 per ton), while the average price for exports to Qatar ($1,497 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 the United Arab Emirates (+9.0%), while the prices for the other major destinations experienced a decline.
Plum and Sloe Imports in the Philippines
In 2022, approx. 71 tons of plums and sloes were imported into the Philippines; shrinking by -3.2% against the previous year's figure. Over the period under review, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year.
In value terms, plum and sloe imports shrank slightly to $109K in 2022. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 19%.
| Import of Plum and Sloe in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.2 | 2.3 | 0.5 | 86.2 | 59.6% |
| Australia | 24.3 | 16.8 | 28.3 | 23.3 | -1.4% |
| Hong Kong SAR | 38.2 | 26.6 | 38.5 | N/A | 0.4% |
| China | 38.9 | 45.3 | 37.6 | N/A | -1.7% |
| Vietnam | N/A | 1.5 | 4.4 | N/A | 193.3% |
| Others | 3.1 | 2.9 | 4.6 | 0.1 | -68.2% |
| Total | 126 | 95.5 | 114 | 109 | -4.7% |
Top Suppliers of Plum and Sloe to the Philippines in 2022:
- United States (55.7 tons)
- Australia (15.0 tons)
Plum and Sloe Exports in the Philippines
For the fourth consecutive year, the Philippines recorded growth in overseas shipments of plums and sloes, which increased by 7.9% to 572 kg in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, plum and sloe exports reached $855 in 2022. The total export value increased at an average annual rate of +13.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Plum and Sloe in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 290 | 482 | 66.2% |
| United Arab Emirates | 195 | 254 | 199 | 317 | 17.6% |
| United Kingdom | N/A | N/A | N/A | 56.0 | 0% |
| Macao SAR | 67.0 | 90.0 | 74.0 | N/A | 5.1% |
| Seychelles | 118 | 155 | 124 | N/A | 2.5% |
| Bahrain | 179 | 167 | 95.0 | N/A | -27.1% |
| Others | 22.0 | 22.0 | 13.0 | N/A | -23.1% |
| Total | 581 | 688 | 795 | 855 | 13.7% |
Top Export Markets for Plum and Sloe from the Philippines in 2022:
- Qatar (322.0 kg)
- United Arab Emirates (85.0 kg)
- United Kingdom (37.0 kg)
This report provides an in-depth analysis of the plum and sloe 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 536 - Plums
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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In 2019, the global plum and sloe market was finally on the rise to reach $14B for the first time since 2014, thus...
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The global plum and sloe market revenue amounted to $15.7B in 2018, going up by 12% against the previous year. This...
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Global plum and sloe consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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Global plum and sloe imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
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