Philippines: Cauliflower And Broccoli Market Overview 2020

Cauliflower And Broccoli Market Size in the Philippines

The revenue of the cauliflower and broccoli market in the Philippines amounted to $X in 2018, growing by X% against the previous year. In general, cauliflower and broccoli consumption continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Cauliflower and broccoli consumption peaked in 2018 and is likely to continue its growth in the near future.

Cauliflower And Broccoli Production in the Philippines

In value terms, cauliflower and broccoli production amounted to $X in 2018 estimated in export prices. Overall, cauliflower and broccoli production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when production volume increased by X% against the previous year. Over the period under review, cauliflower and broccoli production reached its peak figure level in 2018 and is likely to see steady growth in the near future.

In 2018, the average yield of cauliflower and broccoli in the Philippines totaled X tonne per ha, approximately equating the previous year. Overall, the cauliflower and broccoli yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. In that year, the average cauliflower and broccoli yield attained its peak level of X tonne per ha. From 2011 to 2018, the growth of the average cauliflower and broccoli yield failed to regain its momentum. 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 cauliflower and broccoli production in the Philippines totaled X ha, flattening at the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to cauliflower and broccoli production reached its maximum in 2018 and is expected to retain its growth in the immediate term.

Cauliflower And Broccoli Exports

Exports from the Philippines

In 2018, the exports of cauliflower and broccoli from the Philippines amounted to X kg, shrinking by -X% against the previous year. Overall, cauliflower and broccoli exports continue to indicate a drastic slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, cauliflower and broccoli exports reached their peak figure at X kg in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, cauliflower and broccoli exports totaled $X in 2018. In general, cauliflower and broccoli exports continue to indicate a slight increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China, Hong Kong SAR (X kg) was the main destination for cauliflower and broccoli exports from the Philippines, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to China, Hong Kong SAR totaled +X%.

In value terms, China, Hong Kong SAR ($X) also remains the key foreign market for cauliflower and broccoli exports from the Philippines.

From 2007 to 2018, the average annual growth rate of value to China, Hong Kong SAR amounted to +X%.

Export Prices by Country

The average cauliflower and broccoli export price stood at $X per tonne in 2018, growing by X% against the previous year. Over the period under review, the cauliflower and broccoli export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for cauliflower and broccoli reached their maximum in 2018 and is expected to retain its growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China, Hong Kong SAR.

From 2007 to 2018, the rate of growth in terms of prices for China, Hong Kong SAR amounted to +X% per year.

Cauliflower And Broccoli Imports

Imports into the Philippines

In 2018, the cauliflower and broccoli imports into the Philippines totaled X tonnes, surging by X% against the previous year. Overall, cauliflower and broccoli imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, cauliflower and broccoli imports attained their peak figure at X tonnes in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

In value terms, cauliflower and broccoli imports amounted to $X in 2018. In general, cauliflower and broccoli imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, Australia (X tonnes) constituted the largest supplier of cauliflower and broccoli to the Philippines, accounting for a X% share of total imports. Moreover, cauliflower and broccoli imports from Australia exceeded the figures recorded by the second-largest supplier, China (X tonnes), twofold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Australia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the U.S. (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of cauliflower and broccoli to the Philippines, comprising X% of total cauliflower and broccoli imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

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

Import Prices by Country

The average cauliflower and broccoli import price stood at $X per tonne in 2018, waning by -X% against the previous year. In general, the cauliflower and broccoli import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% y-o-y. In that year, the average import prices for cauliflower and broccoli reached their peak level of $X per tonne. From 2013 to 2018, the growth in terms of the average import prices for cauliflower and broccoli failed to regain its momentum.

Average prices varied somewhat amongst the major supplying countries. In 2018, the countries with the highest prices were Australia ($X per tonne) and China ($X per tonne), while the price for the Netherlands ($X per tonne) and the U.S. ($X per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform