Price for Vegetables; Seed Potatoes, Fresh or Chilled in the Philippines - 2023
Contents:
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in the Philippines (CIF) - 2022
- Imports of Vegetables; Seed Potatoes, Fresh or Chilled in the Philippines
Price for Vegetables; Seed Potatoes, Fresh or Chilled in the Philippines (CIF) - 2022
In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $1,762 per ton, jumping by 136% against the previous year. Overall, the import price enjoyed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +7.9% per year.
Imports of Vegetables; Seed Potatoes, Fresh or Chilled in the Philippines
In 2022, purchases abroad of vegetables; seed potatoes, fresh or chilleds decreased by -53.3% to 120 tons, falling for the second year in a row after two years of growth. In general, imports faced a sharp descent. The pace of growth appeared the most rapid in 2020 when imports increased by 5.4% against the previous year. As a result, imports attained the peak of 473 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vegetables; seed potatoes, fresh or chilleds stood at $211K in 2022. Overall, imports faced a deep contraction.
| Import of Vegetables; Seed Potatoes, Fresh or Chilled in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 17.9 | 71.8 | 65.0 | 211 | 127.6% |
| Canada | 17.2 | 35.1 | 48.7 | N/A | 68.3% |
| United States | 358 | 171 | 77.8 | N/A | -53.4% |
| Others | 1.0 | 0.6 | 0.6 | N/A | -22.5% |
| Total | 394 | 278 | 192 | 211 | -18.8% |
Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to the Philippines in 2022:
- Netherlands (120.0 tons)
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