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Philippines - Coconuts - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Coconut Market Overview 2020

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Coconut Market Size in the Philippines

The revenue of the coconut market in the Philippines amounted to $X in 2018, lowering by -X% against the previous year. Over the period under review, coconut consumption continues 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. In that year, the coconut market reached its peak level of $X, and then declined slightly in the following year.

Coconut Production in the Philippines

In value terms, coconut production totaled $X in 2018 estimated in export prices. In general, coconut production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when production volume increased by X% against the previous year. In that year, coconut production reached its peak level of $X, and then declined slightly in the following year.

Average yield of coconuts in the Philippines totaled X tonne per ha in 2018, approximately mirroring the previous year. In general, the coconut yield continues to indicate a slight decrease. The growth pace was the most rapid in 2012 when yield increased by X% against the previous year. Coconut yield peaked at X tonne per ha in 2009; however, from 2010 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 coconuts production in the Philippines totaled X ha, remaining stable against the previous year. Overall, the coconut harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to coconut production reached its peak figure in 2018 and is expected to retain its growth in the near future.

Coconut Exports

Exports from the Philippines

In 2018, approx. X tonnes of coconuts were exported from the Philippines; declining by -X% against the previous year. In general, coconut exports, however, continue to indicate a mild expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, coconut exports amounted to $X in 2018. In general, coconut exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, coconut exports attained their maximum in 2018 and are likely to see steady growth in the near future.

Exports by Country

China, Hong Kong SAR (X tonnes) was the main destination for coconut exports from the Philippines, with a X% share of total exports. Moreover, coconut exports to China, Hong Kong SAR exceeded the volume sent to the second major destination, the U.S. (X tonnes), twofold. Sweden (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to China, Hong Kong SAR totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Sweden (+X% per year).

In value terms, the largest markets for coconut exported from the Philippines were the U.S. ($X), Venezuela ($X) and Sweden ($X), together comprising X% of total exports. These countries were followed by the UK, China, Hong Kong SAR, the Czech Republic, Brazil, Israel, Japan, Lebanon, China and Viet Nam, which together accounted for a further X UK (+X% per year) experienced the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average coconut export price amounted to $X per tonne, growing by X% against the previous year. Overall, the coconut export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Venezuela ($X per tonne), while the average price for exports to China ($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 Venezuela, while the prices for the other major destinations experienced more modest paces of growth.

Coconut Imports

Imports into the Philippines

In 2018, approx. X tonnes of coconuts were imported into the Philippines; shrinking by -X% against the previous year. Over the period under review, coconut imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, coconut imports stood at $X in 2018. Over the period under review, coconut imports continue to indicate a precipitous setback. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. In that year, coconut imports reached their peak of $X. From 2013 to 2018, the growth of coconut imports failed to regain its momentum.

Imports by Country

Papua New Guinea (X tonnes), Indonesia (X tonnes) and the UK (X kg) were the main suppliers of coconut imports to the Philippines, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the UK, while the other leaders experienced mixed trend patterns.

In value terms, Papua New Guinea ($X) constituted the largest supplier of coconut to the Philippines, comprising X% of total coconut imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Papua New Guinea stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Indonesia (-X% per year).

Import Prices by Country

In 2018, the average coconut import price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the coconut import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for coconuts attained their maximum at $X per tonne in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox AI Platform

Product coverage:
• FCL 249 - Coconuts

This report provides an in-depth analysis of the coconut 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 2007–2018
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:
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, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018

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