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Philippines - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Chestnut Market Overview 2021

Chestnut Market Size in the Philippines

For the third year in a row, the Philippine chestnut market recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption recorded a deep contraction. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market remained at a lower figure.

Chestnut Exports

Exports from the Philippines

Chestnut exports from the Philippines totaled X kg in 2020, approximately equating 2019. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, exports hit record highs at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, chestnut exports amounted to $X in 2020. In general, exports continue to indicate a relatively flat trend pattern. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X tonnes) was the main destination for chestnut exports from the Philippines, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Bahrain was relatively modest.

From 2012 to 2018, the average annual growth rate of value to Bahrain was relatively modest.

Export Prices by Country

The average chestnut export price stood at $X per tonne in 2018, remaining stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, average export prices hit record highs in 2018 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2018, the rate of growth in terms of prices for Bahrain amounted to X% per year.

Chestnut Imports

Imports into the Philippines

Chestnut imports into the Philippines dropped sharply to X tonnes in 2020, waning by -X% compared with 2019. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. from 2014 to 2020, the growth imports remained at a lower figure.

In value terms, chestnut imports contracted sharply to $X in 2020. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) was the main supplier of chestnut to the Philippines, with a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from China stood at -X%.

In value terms, China ($X) constituted the largest supplier of chestnut to the Philippines.

From 2012 to 2020, the average annual rate of growth in terms of value from China amounted to -X%.

Import Prices by Country

The average chestnut import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2020, the rate of growth in terms of prices for China amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chestnuts in the world?
+
The country with the largest volume of chestnut consumption was China (1.9M tonnes), accounting for 82% of total volume. Moreover, chestnut consumption in China exceeded the figures recorded by the second-largest consumer, Bolivia (89K tonnes), more than tenfold. The third position in this ranking was occupied by Turkey (58K tonnes), with a 2.6% share.
What are the largest producers of chestnuts in the world?
+
China (1.9M tonnes) constituted the country with the largest volume of chestnut production, accounting for 83% of total volume. Moreover, chestnut production in China exceeded the figures recorded by the second-largest producer, Bolivia (89K tonnes), more than tenfold. The third position in this ranking was occupied by Turkey (65K tonnes), with a 2.9% share.
What are the leading suppliers of chestnuts to the Philippines?
+
In value terms, China ($722K) constituted the largest supplier of chestnut to the Philippines.
What is the average export price for chestnuts in the Philippines?
+
In 2018, the average chestnut export price amounted to $2,007 per tonne, approximately mirroring the previous year.
What is the average import price for chestnuts in the Philippines?
+
In 2020, the average chestnut import price amounted to $2,286 per tonne, dropping by -6.5% against the previous year.

Product coverage:
• FCL 220 - Chestnuts

This report provides an in-depth analysis of the chestnut 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 2025.


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

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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