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Philippines - Fruits, Nuts And Peel (Sugar Preserved) - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Candied Fruit Market Overview 2021

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Candied Fruit Market Size in the Philippines

In 2019, the Philippine candied fruit market decreased by -X% to $X, falling for the third year in a row after two years of growth. Overall, consumption recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Candied Fruit Production in the Philippines

In value terms, candied fruit production contracted to $X in 2019 estimated in export prices. In general, production, however, posted resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2019, production remained at a lower figure.

In 2019, the average yield of candied fruits in the Philippines amounted to X kg per ha, approximately mirroring 2018 figures. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of candied fruits were harvested in the Philippines; remaining constant against 2018 figures. In general, the harvested area recorded a relatively flat trend pattern.

Candied Fruit Exports

Exports from the Philippines

In 2019, overseas shipments of candied fruits increased by X% to X tonnes, rising for the third year in a row after two years of decline. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Exports peaked in 2019 and are expected to retain growth in years to come.

In value terms, candied fruit exports reached $X in 2019. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Exports peaked in 2019 and are likely to continue growth in the immediate term.

Exports by Country

Argentina (X tonnes), the UK (X tonnes) and China (X tonnes) were the main destinations of candied fruit exports from the Philippines, with a combined X% share of total exports. These countries were followed by the United Arab Emirates, the U.S., Qatar, Macao SAR, Germany and Japan, which together accounted for a further X 2007 to 2019, the biggest increases were in Macao SAR (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for candied fruit exports from the Philippines, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Argentina (+X% per year).

Export Prices by Country

The average candied fruit export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was China ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into the Philippines

In 2019, overseas purchases of candied fruits increased by X% to X tonnes, rising for the third consecutive year after four years of decline. Overall, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, candied fruit imports surged to $X in 2019. Over the period under review, imports recorded prominent growth. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in the immediate term.

Imports by Country

In 2019, Cambodia (X tonnes) constituted the largest supplier of candied fruit to the Philippines, with a X% share of total imports. Moreover, candied fruit imports from Cambodia exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), ninefold.

From 2007 to 2019, the average annual growth rate of volume from Cambodia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and China (-X% per year).

In value terms, Cambodia ($X) constituted the largest supplier of candied fruit to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Cambodia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and China (-X% per year).

Import Prices by Country

In 2019, the average candied fruit import price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the import price showed a pronounced contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Cambodia ($X per tonne), while the price for the U.S. ($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 U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for candied fruits in the world?
+
The country with the largest volume of candied fruit consumption was China (83K tonnes), accounting for 45% of total volume. Moreover, candied fruit consumption in China exceeded the figures recorded by the second-largest consumer, Japan (7.6K tonnes), more than tenfold. Malaysia (5.7K tonnes) ranked third in terms of total consumption with a 3.1% share.
What are the largest producers of candied fruits in the world?
+
China (192K tonnes) remains the largest candied fruit producing country worldwide, comprising approx. 61% of total volume. Moreover, candied fruit production in China exceeded the figures recorded by the second-largest producer, Thailand (63K tonnes), threefold.
What are the leading suppliers of candied fruits to the Philippines?
+
In value terms, Cambodia ($1.3M) constituted the largest supplier of candied fruit to the Philippines, comprising 89% of total imports. The second position in the ranking was occupied by the U.S. ($101K), with a 6.7% share of total imports.
What are the leading importers of candied fruits from the Philippines?
+
In value terms, China ($5M) remains the key foreign market for candied fruit exports from the Philippines, comprising 53% of total exports. The second position in the ranking was occupied by the UK ($1.2M), with a 13% share of total exports. It was followed by Argentina, with a 11% share.
What is the average export price for candied fruits in the Philippines?
+
The average candied fruit export price stood at $4,311 per tonne in 2019, with a decrease of -9.4% against the previous year.
What is the average import price for candied fruits in the Philippines?
+
The average candied fruit import price stood at $1,788 per tonne in 2019, declining by -38.6% against the previous year.

Product coverage:
• FCL 625 - Fruit, Nuts, Peel, Sugar Preserved

This report provides an in-depth analysis of the candied fruit 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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