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Philippines - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Peach And Nectarine Market Overview 2021

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Peach And Nectarine Market Size in the Philippines

In 2019, the Philippine peach and nectarine market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. Peach and nectarine consumption peaked at $X in 2010; however, from 2011 to 2019, consumption failed to regain the momentum.

Peach And Nectarine Production in the Philippines

In value terms, peach and nectarine production amounted to $X in 2019 estimated in export prices. Over the period under review, production recorded a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Peach and nectarine production peaked at $X in 2012; however, from 2013 to 2019, production remained at a lower figure.

In 2019, the average peach and nectarine yield in the Philippines stood at X kg per ha, approximately equating the previous year. 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, the peach and nectarine harvested area in the Philippines stood at X ha, stabilizing at 2018. Over the period under review, the harvested area showed a relatively flat trend pattern.

Peach And Nectarine Exports

Exports from the Philippines

In 2019, overseas shipments of peaches and nectarines increased by X% to X tonnes, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, peach and nectarine exports reached $X in 2019. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2013 to 2019, the growth exports remained at a lower figure.

Exports by Country

Kuwait (X tonnes) was the main destination for peach and nectarine exports from the Philippines, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Kuwait stood at +X%.

In value terms, Kuwait ($X) also remains the key foreign market for peach and nectarine exports from the Philippines.

From 2007 to 2019, the average annual growth rate of value to Kuwait amounted to +X%.

Export Prices by Country

The average peach and nectarine export price stood at $X per tonne in 2019, almost unchanged from the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2007 to 2019, the rate of growth in terms of prices for Kuwait amounted to +X% per year.

Peach And Nectarine Imports

Imports into the Philippines

In 2019, approx. X tonnes of peaches and nectarines were imported into the Philippines; increasing by X% against the year before. Overall, imports continue to indicate a mild expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2010; however, from 2011 to 2019, imports stood at a somewhat lower figure.

In value terms, peach and nectarine imports declined slightly to $X in 2019. In general, imports recorded a mild slump. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X tonnes), Greece (X tonnes) and the U.S. (X tonnes) were the main suppliers of peach and nectarine imports to the Philippines, with a combined X% share of total imports. Switzerland, Chile and Australia lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile, while imports for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Singapore ($X) and Switzerland ($X) constituted the largest peach and nectarine suppliers to the Philippines, together comprising X% of total imports.

In terms of the main suppliers, Greece recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average peach and nectarine import price amounted to $X per tonne, dropping by -X% against the previous year. In general, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Greece, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peaches and nectarines in the world?
+
The country with the largest volume of peach and nectarine consumption was China (32M tonnes), comprising approx. 75% of total volume. Moreover, peach and nectarine consumption in China exceeded the figures recorded by the second-largest consumer, Italy (1.2M tonnes), more than tenfold. The third position in this ranking was occupied by Greece (763K tonnes), with a 1.8% share.
What are the largest producers of peaches and nectarines in the world?
+
China (32M tonnes) constituted the country with the largest volume of peach and nectarine production, accounting for 75% of total volume. Moreover, peach and nectarine production in China exceeded the figures recorded by the second-largest producer, Spain (1.5M tonnes), more than tenfold. Italy (1.2M tonnes) ranked third in terms of total production with a 2.9% share.
What are the leading suppliers of peaches and nectarines to the Philippines?
+
In value terms, Greece ($7K), Singapore ($4.8K) and Switzerland ($4.6K) appeared to be the largest peach and nectarine suppliers to the Philippines, with a combined 67% share of total imports.
What are the leading importers of peaches and nectarines from the Philippines?
+
In value terms, Kuwait ($85K) remains the key foreign market for peach and nectarine exports from the Philippines.
What is the average export price for peaches and nectarines in the Philippines?
+
In 2019, the average peach and nectarine export price amounted to $592 per tonne, approximately mirroring the previous year.
What is the average import price for peaches and nectarines in the Philippines?
+
The average peach and nectarine import price stood at $856 per tonne in 2019, with a decrease of -10.5% against the previous year.

Product coverage:
• FCL 534 - Peaches and nectarines

This report provides an in-depth analysis of the peach and nectarine 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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