Report Philippines - Papayas - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Philippines - Papayas - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Papaya Market 2022

Papaya Market Size in the Philippines

The Philippine papaya market skyrocketed to $X in 2020, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market failed to regain the momentum.

Papaya Production in the Philippines

In value terms, papaya production surged to $X in 2020 estimated in export prices. In general, the total production indicated a modest expansion from 2007 to 2020: its value decreased 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 2018 indices. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, production reached the peak level of $X. from 2009 to 2020, production growth failed to regain the momentum.

The average yield of papayas in the Philippines reduced modestly to X tonnes per ha in 2020, falling by -X% on the year before. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the average papaya yield attained the peak level at X tonnes per ha in 2015; however, from 2016 to 2020, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of papayas were harvested in the Philippines; approximately reflecting the previous year's figure. Overall, the harvested area, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to papaya production reached the peak figure at X ha in 2008; however, from 2009 to 2020, the harvested area remained at a lower figure.

Papaya Exports

Exports from the Philippines

In 2020, after three years of growth, there was decline in overseas shipments of papayas, when their volume decreased by -X% to X tonnes. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, papaya exports soared to $X in 2020. In general, exports continue to indicate slight growth. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Exports peaked in 2020 and are likely to see steady growth in years to come.

Exports by Country

Japan (X tonnes), China (X tonnes) and Hong Kong SAR (X tonnes) were the main destinations of papaya exports from the Philippines, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in China, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for papaya exported from the Philippines were Japan ($X), China ($X) and Hong Kong SAR ($X), with a combined X% share of total exports.

In terms of the main countries of destination, China recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average papaya export price stood at $X per tonne in 2020, jumping by X% against the previous year. Overall, export price indicated mild growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, papaya export price increased by +X% against 2018 indices. The growth pace was the most rapid in 2019 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2020, the highest prices were recorded for prices to Japan ($X per tonne) and New Zealand ($X per tonne), while the average price for exports to Singapore ($X per tonne) and China ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Papaya Imports

Imports into the Philippines

In 2020, overseas purchases of papayas decreased by -X% to X kg, falling for the ninth consecutive year after two years of growth. Overall, imports faced a sharp decrease. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, papaya imports reduced rapidly to $X in 2020. In general, imports faced a sharp downturn. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Brazil (X kg) constituted the largest papaya supplier to the Philippines, accounting for a X% share of total imports. Moreover, papaya imports from Brazil exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), fourfold.

From 2007 to 2020, the average annual growth rate of volume from Brazil stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Mozambique (X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Mozambique (X% per year).

Import Prices by Country

In 2020, the average papaya import price amounted to $X per tonne, falling by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (+X% per year), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for papayas in the world?
+
India remains the largest papaya consuming country worldwide, comprising approx. 43% of total volume. Moreover, papaya consumption in India exceeded the figures recorded by the second-largest consumer, the Dominican Republic, fivefold. Brazil ranked third in terms of total consumption with a 8.6% share.
What are the largest producers of papayas in the world?
+
India constituted the country with the largest volume of papaya production, accounting for 43% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, the Dominican Republic, fivefold. The third position in this ranking was occupied by Brazil, with a 8.9% share.
What are the leading suppliers of papayas to the Philippines?
+
In value terms, the Netherlands $995) constituted the largest supplier of papaya to the Philippines, comprising 67% of total imports. The second position in the ranking was occupied by Brazil $424), with a 29% share of total imports.
What are the leading importers of papayas from the Philippines?
+
In value terms, Japan, China and Hong Kong SAR were the largest markets for papaya exported from the Philippines worldwide, together comprising 63% of total exports.
What is the average export price for papayas in the Philippines?
+
In 2020, the average papaya export price amounted to $1,581 per tonne, growing by 26% against the previous year.
What is the average import price for papayas in the Philippines?
+
The average papaya import price stood at $3,690 per tonne in 2020, shrinking by -2% against the previous year.

This report provides an in-depth analysis of the papaya 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:
• FCL 600 - Papayas
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

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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
Figure 8:
Market Forecast To 2030
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, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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