Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the Philippines - 2023
Contents:
- Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the Philippines (CIF) - 2022
- Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the Philippines
Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the Philippines (CIF) - 2022
In 2022, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $1,625 per ton, with a decrease of -6.1% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 58%. The import price peaked at $2,269 per ton in 2015; however, from 2016 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 country with the highest price was the United States ($1,625 per ton), while the price for France totaled $1,625 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+15.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the Philippines
In 2022, the amount of vegetables, brassica; brussel sprouts, fresh or chilleds imported into the Philippines declined dramatically to 3.4 tons, which is down by -31.9% compared with the year before. In general, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 2,471% against the previous year. As a result, imports attained the peak of 5 tons, and then declined notably in the following year.
In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds dropped significantly to $5.5K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 2,617%. As a result, imports reached the peak of $8.6K, and then shrank markedly in the following year.
| Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.7 | 0.1 | 2.9 | 5.0 | 92.6% |
| France | 0.3 | N/A | 0.4 | 0.5 | 18.6% |
| Netherlands | 0.3 | N/A | 0.5 | N/A | 29.1% |
| Australia | 1.4 | 0.2 | 4.7 | N/A | 83.2% |
| Others | 0.2 | N/A | 0.2 | N/A | 0.0% |
| Total | 3.0 | 0.3 | 8.6 | 5.5 | 22.4% |
Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to the Philippines in 2022:
- United States (3.1 tons)
- France (0.3 tons)
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