Philippines: Beer Market Overview 2020

Beer Market Size in the Philippines

The revenue of the beer market in the Philippines amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, the beer market attained its peak level and is likely to continue its growth in the immediate term.

Beer Production in the Philippines

In value terms, beer production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, beer production reached its peak level and is likely to continue its growth in the immediate term.

Beer Exports

Exports from the Philippines

Beer exports from the Philippines stood at X tonnes in 2018, waning by -X% against the previous year. Overall, beer exports continue to indicate an abrupt deduction. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Exports peaked at X tonnes in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, beer exports stood at $X in 2018. Overall, beer exports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

South Korea (X tonnes) was the main destination for beer exports from the Philippines, accounting for a X% share of total exports. Moreover, beer exports to South Korea exceeded the volume sent to the second major destination, Taiwan, Chinese (X tonnes), threefold. The third position in this ranking was occupied by Singapore (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to South Korea was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan, Chinese (-X% per year) and Singapore (-X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to South Korea amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan, Chinese (-X% per year) and Singapore (-X% per year).

Export Prices by Country

In 2018, the average beer export price amounted to $X per tonne, going up by X% against the previous year. Over the period under review, the beer export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices for beer made from malt (excluding non-alcoholic beer) reached their maximum at $X per tonne in 2011; however, from 2012 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 the U.S. ($X per tonne), while the average price for exports to Angola ($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 Uganda, while the prices for the other major destinations experienced more modest paces of growth.

Beer Imports

Imports into the Philippines

In 2018, the amount of beer made from malt (excluding non-alcoholic beer) imported into the Philippines stood at X tonnes, shrinking by -X% against the previous year. Over the period under review, beer imports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, beer imports reached their maximum at X tonnes in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

In value terms, beer imports stood at $X in 2018. Over the period under review, beer imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2010; however, from 2011 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Singapore (X tonnes) constituted the largest beer supplier to the Philippines, with a X% share of total imports. Moreover, beer imports from Singapore exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), sixfold. Mexico (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Singapore stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Mexico (+X% per year).

In value terms, Singapore ($X) constituted the largest supplier of beer to the Philippines, comprising X% of total beer imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Singapore stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2018, the average beer import price amounted to $X per tonne, going up by X% against the previous year. In general, the beer import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for beer made from malt (excluding non-alcoholic beer) attained their peak figure at $X per tonne in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per tonne), while the price for Singapore ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform