Report Update May 1, 2024

Philippines - Frozen Eels - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Frozen Eels Market 2022

Frozen Eels Market Size in the Philippines

The Philippine frozen eels market reduced rapidly to $X in 2020, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a precipitous decline. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Frozen Eels Exports

Exports from the Philippines

In 2020, overseas shipments of frozen eels increased by X% to X tons, rising for the fourth year in a row after two years of decline. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Exports peaked in 2020 and are expected to retain growth in years to come.

In value terms, frozen eels exports skyrocketed to $X in 2020. In general, exports continue to indicate significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for frozen eels exports from the Philippines, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to China stood at +X%.

In value terms, China ($X) also remains the key foreign market for frozen eels exports from the Philippines.

From 2007 to 2020, the average annual growth rate of value to China amounted to +X%.

Export Prices by Country

The average frozen eels export price stood at $X per ton in 2020, rising by X% against the previous year. Overall, the export price, however, saw a noticeable decline. Over the period under review, average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Frozen Eels Imports

Imports into the Philippines

In 2020, imports of frozen eels into the Philippines dropped modestly to X tons, waning by -X% on 2019. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2019 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen eels imports surged to $X in 2020. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tons) was the main frozen eels supplier to the Philippines, with a X% share of total imports. Moreover, frozen eels imports from China exceeded the figures recorded by the second-largest supplier, Japan (X kg), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from China stood at -X%.

In value terms, China ($X) constituted the largest supplier of frozen eels to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at -X%.

Import Prices by Country

The average frozen eels import price stood at $X per ton in 2020, jumping by X% against the previous year. Overall, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per ton), while the price for China amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan (+X% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen eels in the world?

The countries with the highest volumes of frozen eels consumption in 2020 were China, India and the U.S., together accounting for 61% of global consumption. Denmark, Indonesia, New Zealand, Qatar, Hong Kong SAR, Vietnam, Bangladesh, Taiwan Chinese), Canada and Germany lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of frozen eels in the world?

The country with the largest volume of frozen eels production was Indonesia, accounting for 42% of total volume. Moreover, frozen eels production in Indonesia exceeded the figures recorded by the second-largest producer, India, twofold. Malaysia ranked third in terms of total production with a 8.7% share.

What are the leading suppliers of frozen eels to the Philippines?

In value terms, China constituted the largest supplier of frozen eels to the Philippines, comprising 95% of total imports. The second position in the ranking was occupied by Japan, with a 5.5% share of total imports.

What are the leading importers of frozen eels from the Philippines?

In value terms, China remains the key foreign market for frozen eels exports from the Philippines.

What is the average export price for frozen eels in the Philippines?

The average frozen eels export price stood at $10,298 per ton in 2020, rising by 46% against the previous year.

What is the average import price for frozen eels in the Philippines?

In 2020, the average frozen eels import price amounted to $11,602 per ton, growing by 95% against the previous year.

This report provides an in-depth analysis of the frozen eels 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.

Product coverage:

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023