Latest Report Update: Feb 22, 2019

Philippines - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights

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Philippines: Cocoa Butter Market Overview 2019

Cocoa Butter Market Size in the Philippines

The revenue of the cocoa butter market in the Philippines amounted to $X in 2017, coming down by -X% against the previous year. Overall, cocoa butter consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013, when market value increased by X% against the previous year. The cocoa butter consumption peaked of $X in 2016, and then declined slightly in the following year.

Cocoa Butter Production in the Philippines

In 2017, the amount of cocoa butter produced in the Philippines amounted to X tonnes, picking up by X% against the previous year. Overall, the total output indicated a prominent expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cocoa butter production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. Over the period under review, the cocoa butter production reached its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Cocoa Butter Exports in the Philippines

In 2017, approx. X tonnes of cocoa butter were exported from the Philippines; growing by X% against the previous year. In general, cocoa butter exports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2016, when exports increased by X% against the previous year. The exports peaked of X tonnes in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, cocoa butter exports stood at $X in 2017. In general, the total exports indicated a mild expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cocoa butter exports increased by +X% against 2015 indices. In that year, the cocoa butter exports reached their peak level of $X. From 2015 to 2017, growth of the cocoa butter exports failed to regain its momentum.

Cocoa Butter Exports by Country in the Philippines

The U.S. (X tonnes), Malaysia (X tonnes) and Thailand (X tonnes) were the main destinations of cocoa butter exports from the Philippines, together accounting for X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest markets for cocoa butter exported from the Philippines were the U.S. ($X), Malaysia ($X) and Thailand ($X), with a combined X% share of total exports.

Thailand (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Cocoa Butter Export Prices by Country in the Philippines

The average cocoa butter export price stood at $X per tonne in 2017, shrinking by -X% against the previous year. In general, cocoa butter export price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2013, an increase of X% against the previous year. The export price peaked of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Thailand ($X per tonne), while average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Malaysia (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Cocoa Butter Imports in the Philippines

Cocoa butter imports into the Philippines stood at X tonnes in 2017, coming up by X% against the previous year. Overall, cocoa butter imports continue to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. The imports peaked of X tonnes in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, cocoa butter imports amounted to $X in 2017. Overall, cocoa butter imports continue to indicate a drastic deduction. The imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Cocoa Butter Imports by Country in the Philippines

In 2017, Malaysia (X tonnes) constituted the largest supplier of cocoa butter to the Philippines, accounting for X% share of total imports. Moreover, cocoa butter imports from Malaysia exceeded the figures recorded by the second largest supplier, Australia (X tonnes), sixfold. The third position in this ranking was occupied by Indonesia (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Malaysia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Indonesia (-X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of cocoa butter to the Philippines, making up X% of total cocoa butter imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Malaysia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and Germany (+X% per year).

Cocoa Butter Import Prices by Country in the Philippines

In 2017, the average cocoa butter import price amounted to $X per tonne, declining by -X% against the previous year. In general, cocoa butter import price continues to indicate a tangible expansion. The growth pace was the most rapid in 2011, when the average import prices increased by X% y-o-y. The import price peaked of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Germany ($X per tonne), while prices for cocoa butter imports from Switzerland ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 10821200 - Cocoa butter, fat and oil

This report provides an in-depth analysis of the cocoa butter 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

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 2025
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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