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

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Date Market Size in the Philippines

In 2019, the Philippine date market increased by X% to $X, rising for the second year in a row after four years of decline. Overall, consumption showed a perceptible increase. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Date Exports

Exports from the Philippines

In 2019, the amount of dates exported from the Philippines shrank notably to X tonnes, with a decrease of -X% compared with 2018. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, date exports declined rapidly to $X in 2019. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2016 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Kuwait (X tonnes) was the main destination for date exports from the Philippines, with a X% share of total exports. Moreover, date exports to Kuwait exceeded the volume sent to the second major destination, Norway (X kg), fivefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Kuwait totaled -X%.

In value terms, Kuwait ($X) remains the key foreign market for date exports from the Philippines, comprising X% of total exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Kuwait amounted to -X%.

Export Prices by Country

The average date export price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the export price enjoyed a noticeable increase. The export price peaked at $X per tonne in 2015; however, from 2016 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Norway ($X per tonne), while the average price for exports to Kuwait amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Norway.

Date Imports

Imports into the Philippines

In 2019, purchases abroad of dates increased by X% to X tonnes, rising for the second year in a row after three years of decline. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, date imports expanded remarkably to $X in 2019. In general, imports posted measured growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Saudi Arabia (X tonnes) constituted the largest supplier of date to the Philippines, with a X% share of total imports. Moreover, date imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), threefold. Thailand (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Thailand (+X% per year).

In value terms, the largest date suppliers to the Philippines were Saudi Arabia ($X), the U.S. ($X) and Thailand ($X), together comprising X% of total imports.

Thailand recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average date import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Overall, the import price, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dates in the world?
+
The countries with the highest volumes of date consumption in 2019 were Egypt (1.6M tonnes), Saudi Arabia (1.4M tonnes) and Iran (1.2M tonnes), with a combined 42% share of global consumption. Algeria, Iraq, Pakistan, Sudan, Oman, China, India, the United Arab Emirates, Libya and Tunisia lagged somewhat behind, together comprising a further 43%.
What are the largest producers of dates in the world?
+
The countries with the highest volumes of date production in 2019 were Egypt (1.6M tonnes), Saudi Arabia (1.5M tonnes) and Iran (1.3M tonnes), with a combined 46% share of global production. Algeria, Iraq, Pakistan, Sudan, Oman, China, the United Arab Emirates, Tunisia and Libya lagged somewhat behind, together accounting for a further 43%.
What are the leading suppliers of dates to the Philippines?
+
In value terms, the largest date suppliers to the Philippines were Saudi Arabia ($152K), the U.S. ($113K) and Thailand ($48K), together accounting for 84% of total imports.
What are the leading importers of dates from the Philippines?
+
In value terms, Kuwait ($5.8K) remains the key foreign market for date exports from the Philippines, comprising 67% of total exports. The second position in the ranking was occupied by Norway ($2.5K), with a 29% share of total exports.
What is the average export price for dates in the Philippines?
+
In 2019, the average date export price amounted to $2,154 per tonne, growing by 88% against the previous year.
What is the average import price for dates in the Philippines?
+
In 2019, the average date import price amounted to $2,468 per tonne, with a decrease of -7.9% against the previous year.

Product coverage:
• FCL 577 - Dates

This report provides an in-depth analysis of the date 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 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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