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Philippines - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Avocado Market Overview 2020

Avocado Market Size in the Philippines

The revenue of the avocado market in the Philippines amounted to $X in 2018, waning by -X% against the previous year. In general, avocado consumption continues to indicate a measured decline. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Avocado consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Avocado Production in the Philippines

In value terms, avocado production amounted to $X in 2018 estimated in export prices. Over the period under review, avocado production continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Over the period under review, avocado production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

In 2018, the average yield of avocados in the Philippines stood at X tonne per ha, declining by -X% against the previous year. In general, the avocado yield continues to indicate a measured decrease. The growth pace was the most rapid in 2014 when yield increased by X% against the previous year. Over the period under review, the average avocado yield reached its maximum level at X tonne per ha in 2007; however, from 2008 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of avocados production in the Philippines stood at X ha, therefore, remained relatively stable against the previous year. Over the period under review, the avocado harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to avocado production reached its peak figure at X ha in 2007; however, from 2008 to 2018, harvested area failed to regain its momentum.

Avocado Exports

Exports from the Philippines

In 2018, the exports of avocados from the Philippines totaled X tonnes, going up by X% against the previous year. Overall, avocado exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. In that year, avocado exports reached their peak of X tonnes. From 2011 to 2018, the growth of avocado exports remained at a lower figure.

In value terms, avocado exports stood at $X in 2018. In general, avocado exports continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, avocado exports reached their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

Malaysia (X tonnes) was the main destination for avocado exports from the Philippines, accounting for a X% share of total exports. Moreover, avocado exports to Malaysia exceeded the volume sent to the second major destination, China, Hong Kong SAR (X tonnes), threefold. Singapore (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Malaysia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China, Hong Kong SAR (X% per year) and Singapore (+X% per year).

In value terms, Malaysia ($X) remains the key foreign market for avocado exports from the Philippines, comprising X% of total avocado exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Kuwait (+X% per year).

Export Prices by Country

The average avocado export price stood at $X per tonne in 2018, remaining relatively unchanged against the previous year. Overall, the avocado export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for avocados attained their maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Qatar ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Qatar, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into the Philippines

In 2018, the imports of avocados into the Philippines amounted to X tonnes, rising by X% against the previous year. Overall, avocado imports continue to indicate buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, avocado imports attained their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, avocado imports stood at $X in 2018. Over the period under review, avocado imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

Australia (X tonnes), Viet Nam (X tonnes) and Brazil (X tonnes) were the main suppliers of avocado imports to the Philippines, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Australia, while the other leaders experienced more modest paces of growth.

In value terms, Viet Nam ($X) constituted the largest supplier of avocado to the Philippines, comprising X% of total avocado imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Viet Nam totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Brazil (X% per year).

Import Prices by Country

In 2018, the average avocado import price amounted to $X per tonne, coming down by -X% against the previous year. Over the period under review, the avocado import price continues to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. Over the period under review, the average import prices for avocados reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Viet Nam ($X per tonne), while the price for Australia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• FCL 572 - Avocados

This report provides an in-depth analysis of the avocado 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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