Apr 11, 2019

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

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Philippines: Ghee Market Overview 2019

Ghee Market Size in the Philippines

The revenue of the ghee market in the Philippines amounted to $X in 2017, going up by 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). In general, ghee consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the ghee market reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

Ghee Exports

Exports from the Philippines

In 2017, ghee exports from the Philippines totaled X tonnes, falling by -X% against the previous year. In general, ghee exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2008, when exports increased by X% year-to-year. Over the period under review, the ghee exports attained its maximum volume of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, ghee exports totaled $X in 2017. In general, ghee exports continue to indicate a prominent growth. Over the period under review, the ghee exports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Exports by Country

China, Hong Kong SAR (X tonnes), Viet Nam (X tonnes) and the U.S. (X tonnes) were the main destinations of ghee exports from the Philippines, together comprising X% of total exports. The United Arab Emirates, Australia and Brunei Darussalam lagged somewhat behind, together comprising a further X%.

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

In value terms, Viet Nam ($X), China, Hong Kong SAR ($X) and the United Arab Emirates ($X) were the largest markets for ghee exported from the Philippines worldwide, together comprising X% of total exports.

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

Export Prices by Country

In 2017, the average ghee export price amounted to $X per tonne, rising by X% against the previous year. In general, ghee export price continues to indicate a moderate growth. The growth pace was the most rapid in 2017, when the average export price increased by X% against the previous year. Over the period under review, the average export prices for ghee attained its maximum level of $X per tonne in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Viet Nam ($X per tonne), while average price for exports to the U.S. ($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 China, Hong Kong SAR (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Ghee Imports

Imports into the Philippines

In 2017, imports of ghee into the Philippines stood at X tonnes, rising by X% against the previous year. Overall, ghee imports continue to indicate a remarkable growth. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the ghee imports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, ghee imports stood at $X in 2017. In general, ghee imports continue to indicate a strong increase. Over the period under review, the ghee imports reached its peak figure level in 2017, and are likely to see steady growth in the immediate term.

Imports by Country

In 2017, New Zealand (X tonnes) was the main ghee supplier to the Philippines, with a X% share of total imports. It was followed by China (X tonnes), with a X% share of total imports.

From 2007 to 2017, the average annual rate of growth in terms of volume from New Zealand stood at +X%.

In value terms, New Zealand ($X) constituted the largest supplier of ghee to the Philippines, making up X% of total ghee imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2017, the average annual rate of growth in terms of value from New Zealand stood at +X%.

Import Prices by Country

The average ghee import price stood at $X per tonne in 2017, going up by X% against the previous year. In general, the import price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, an increase of X% y-o-y. The import price peaked in 2017, and is expected to retain its growth in the immediate term.

Average import prices varied noticeably amongst the major supplying countries. In 2017, the country with the highest import price was New Zealand ($X per tonne), while price for China totaled $X per tonne.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Zealand (+X% per year).

Source: IndexBox AI Platform

Product coverage:
• FCL 887 - Ghee from Cow Milk
• FCL 953 - Ghee, from Buffalo Milk

This report provides an in-depth analysis of the ghee 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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