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Philippines - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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Philippines: Olives Market Overview 2021

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Olives Market Size in the Philippines

The Philippine olives market expanded slightly to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in the near future.

Olives Production in the Philippines

In value terms, olives production totaled $X in 2020 estimated in export prices. Over the period under review, the total production indicated modest growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% year-to-year. Olives production peaked in 2020 and is likely to continue growth in years to come.

Olives Exports

Exports from the Philippines

Olives exports from the Philippines amounted to X kg in 2020, flattening at the previous year's figure. Overall, exports recorded a abrupt descent. Over the period under review, exports reached the maximum at X kg in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, olives exports rose notably to $X in 2020. In general, exports recorded a abrupt decrease. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Switzerland (X kg) was the main destination for olives exports from the Philippines, accounting for a approx. X% share of total exports.

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

In value terms, Switzerland ($X) also remains the key foreign market for olives exports from the Philippines.

From 2007 to 2020, the average annual rate of growth in terms of value to Switzerland amounted to -X%.

Export Prices by Country

In 2020, the average olives export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 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 Switzerland.

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

Olives Imports

Imports into the Philippines

In 2020, approx. X tonnes of olives (prepared or preserved ) were imported into the Philippines; with a decrease of -X% against 2019. Overall, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, olives imports expanded rapidly to $X in 2020. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest olives supplier to the Philippines, accounting for a X% share of total imports. Moreover, olives imports from Spain exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), fourfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Italy (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2020, the average olives import price amounted to $X per tonne, jumping by X% against the previous year. Overall, import price indicated a perceptible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, olives import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2020 and is likely to see steady growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for olives (prepared or preserved ) in the world?
+
The countries with the highest volumes of olives consumption in 2020 were China (947K tonnes), Spain (505K tonnes) and India (377K tonnes), with a combined 29% share of global consumption.
What are the largest producers of olives (prepared or preserved ) in the world?
+
The countries with the highest volumes of olives production in 2020 were China (946K tonnes), Spain (945K tonnes) and India (376K tonnes), together comprising 37% of global production. The U.S., Greece, Japan, Indonesia, Pakistan, Russia, Bangladesh, Turkey, Mexico and Argentina lagged somewhat behind, together comprising a further 24%.
What are the leading suppliers of olives (prepared or preserved ) to the Philippines?
+
In value terms, Spain ($943K) constituted the largest supplier of olives to the Philippines, comprising 71% of total imports. The second position in the ranking was occupied by the U.S. ($276K), with a 21% share of total imports.
What are the leading importers of olives (prepared or preserved ) from the Philippines?
+
In value terms, Switzerland ($40) remains the key foreign market for olives exports from the Philippines.
What is the average export price for olives (prepared or preserved ) in the Philippines?
+
In 2020, the average olives export price amounted to $2,500 per tonne, with an increase of 5.3% against the previous year.
What is the average import price for olives (prepared or preserved ) in the Philippines?
+
In 2020, the average olives import price amounted to $1,877 per tonne, growing by 34% against the previous year.

Product coverage:
• Prodcom 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the olives 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
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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