Philippines - Vaccines For Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVeterinary Medicine Vaccines Price in the Philippines - 2023
Contents:
- Veterinary Medicine Vaccines Price in the Philippines (CIF) - 2022
- Veterinary Medicine Vaccines Price in the Philippines (FOB) - 2022
- Veterinary Medicine Vaccines Imports in the Philippines
- Veterinary Medicine Vaccines Exports in the Philippines
Veterinary Medicine Vaccines Price in the Philippines (CIF) - 2022
In 2022, the average veterinary medicine vaccines import price amounted to $154,814 per ton, growing by 14% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, veterinary medicine vaccines import price increased by +34.1% against 2015 indices. The most prominent rate of growth was recorded in 2013 an increase of 37%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($261,247 per ton), while the price for Thailand ($2,806 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Veterinary Medicine Vaccines Price in the Philippines (FOB) - 2022
The average veterinary medicine vaccines export price stood at $83,061 per ton in 2022, declining by -4.7% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 133%. The export price peaked at $137,623 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($267,336 per ton), while the average price for exports to Indonesia ($10,269 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 South Korea (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.
Veterinary Medicine Vaccines Imports in the Philippines
In 2022, veterinary medicine vaccines imports into the Philippines dropped markedly to 484 tons, declining by -18.8% compared with 2021. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.
In value terms, veterinary medicine vaccines imports declined to $75M in 2022. Over the period under review, imports recorded a noticeable slump. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year.
| Import of Veterinary Medicine Vaccines in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 38.6 | 26.5 | 29.6 | 34.7 | -3.5% |
| Spain | 11.3 | 9.6 | 8.9 | 10.4 | -2.7% |
| Netherlands | 8.8 | 9.2 | 8.5 | 10.0 | 4.4% |
| France | 12.2 | 10.6 | 8.2 | 10.0 | -6.4% |
| Brazil | 2.3 | 2.3 | 1.6 | 2.0 | -4.6% |
| Italy | 1.6 | 1.3 | 1.6 | 1.8 | 4.0% |
| Czech Republic | 0.7 | 0.6 | 0.7 | 0.8 | 4.6% |
| Mexico | 1.4 | 0.8 | 0.4 | 0.8 | -17.0% |
| South Korea | 1.8 | 0.8 | 0.2 | 0.8 | -23.7% |
| Indonesia | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Thailand | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 3.7 | 3.4 | 20.9 | 3.4 | -2.8% |
| Total | 82.6 | 65.3 | 80.5 | 74.9 | -3.2% |
Top Suppliers of Veterinary Medicine Vaccines to the Philippines in 2022:
- United States (155.3 tons)
- Spain (95.3 tons)
- France (59.9 tons)
- Netherlands (38.1 tons)
- Thailand (24.2 tons)
- Italy (22.4 tons)
- Brazil (21.5 tons)
- Mexico (17.7 tons)
- South Korea (13.9 tons)
- Czech Republic (9.3 tons)
- Indonesia (4.6 tons)
Veterinary Medicine Vaccines Exports in the Philippines
In 2022, the amount of vaccines for veterinary medicine exported from the Philippines contracted remarkably to 297 kg, dropping by -85% against the year before. Over the period under review, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 1,097% against the previous year. As a result, the exports attained the peak of 2 tons, and then contracted rapidly in the following year.
In value terms, veterinary medicine vaccines exports reduced markedly to $25K in 2022. Overall, exports saw a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 1,263% against the previous year. As a result, the exports reached the peak of $172K, and then fell remarkably in the following year.
| Export of Veterinary Medicine Vaccines in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 27.7 | 8.1 | 98.3 | 14.5 | -19.4% |
| Vietnam | 8.3 | 1.7 | 33.5 | 5.0 | -15.5% |
| Malaysia | 3.9 | 0.8 | 13.8 | 2.4 | -14.9% |
| Indonesia | 4.3 | 0.6 | 8.2 | 1.1 | -36.5% |
| South Korea | 8.0 | 1.0 | 11.5 | 1.0 | -50.0% |
| Others | 1.4 | 0.4 | 6.7 | 0.7 | -20.6% |
| Total | 53.6 | 12.6 | 172 | 24.6 | -22.9% |
Top Export Markets for Veterinary Medicine Vaccines from the Philippines in 2022:
- Indonesia (104.0 kg)
- Vietnam (103.0 kg)
- Hong Kong SAR (68.0 kg)
- Malaysia (9.0 kg)
- South Korea (7.0 kg)
This report provides an in-depth analysis of the veterinary medicine vaccines 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:
- Prodcom 21202160 - Vaccines for veterinary medicine
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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