Philippines - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Philippines: Hazelnut Market Overview 2020
Hazelnut Market Size in the Philippines
The revenue of the hazelnut market in the Philippines amounted to $X in 2018, growing 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, hazelnut consumption continues to indicate extraordinary growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the hazelnut market reached its maximum level in 2018 and is expected to retain its growth in the immediate term.
Exports from the Philippines
In 2018, approx. X kg of hazelnuts were exported from the Philippines; going down by -X% against the previous year. Over the period under review, hazelnut exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. In that year, hazelnut exports reached their peak of X kg. From 2016 to 2018, the growth of hazelnut exports failed to regain its momentum.
In value terms, hazelnut exports totaled $X in 2018. Over the period under review, hazelnut exports continue to indicate a pronounced increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, hazelnut exports reached their peak and are likely to continue its growth in the immediate term.
Imports into the Philippines
In 2018, approx. X tonnes of hazelnuts were imported into the Philippines; increasing by X% against the previous year. Overall, hazelnut imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, hazelnut imports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.
In value terms, hazelnut imports stood at $X in 2018. Overall, hazelnut imports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the hazelnut 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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