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Latest Report Update: Dec 29, 2021

Philippines - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Philippines: Peach And Nectarine Market Overview 2021

Peach And Nectarine Market Size in the Philippines

In 2020, after four years of growth, there was significant decline in the Philippine peach and nectarine market, when its value decreased by -X% to $X. Overall, consumption posted strong growth. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Peach and nectarine consumption peaked at $X in 2019, and then declined in the following year.

Peach And Nectarine Exports

Exports from the Philippines

In 2020, shipments abroad of peaches and nectarines increased by X% to X tonnes, rising for the third year in a row after two years of decline. In general, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. from 2013 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, peach and nectarine exports skyrocketed to $X in 2020. Overall, exports posted significant growth. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2013 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume to Kuwait amounted to +X%.

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

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

Export Prices by Country

The average peach and nectarine export price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the export price enjoyed a buoyant increase. The export price peaked at $X per tonne in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

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

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

Peach And Nectarine Imports

Imports into the Philippines

In 2020, the amount of peaches and nectarines imported into the Philippines soared to X tonnes, picking up by X% against the previous year's figure. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, peach and nectarine imports shrank to $X in 2020. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then dropped in the following year.

Imports by Country

Greece (X tonnes), Australia (X tonnes) and Singapore (X tonnes) were the main suppliers of peach and nectarine imports to the Philippines, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Singapore (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest peach and nectarine suppliers to the Philippines were Greece ($X), Australia ($X) and China ($X), with a combined X% share of total imports.

In terms of the main suppliers, Australia saw 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 2020, the average peach and nectarine import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price, however, recorded notable growth. The most prominent rate of growth was recorded in 2014 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 2017; however, from 2018 to 2020, import prices stood 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 2020, 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 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 (17M tonnes), comprising approx. 61% 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. Spain (930K tonnes) ranked third in terms of total consumption with a 3.5% share.
What are the largest producers of peaches and nectarines in the world?
+
The country with the largest volume of peach and nectarine production was China (17M tonnes), comprising approx. 62% of total volume. Moreover, peach and nectarine production in China exceeded the figures recorded by the second-largest producer, Spain (1.6M tonnes), more than tenfold. The third position in this ranking was occupied by Italy (1.2M tonnes), with a 4.4% share.
What are the leading suppliers of peaches and nectarines to the Philippines?
+
In value terms, the largest peach and nectarine suppliers to the Philippines were Greece ($113K), Australia ($79K) and China ($36K), together comprising 72% of total imports.
What are the leading importers of peaches and nectarines from the Philippines?
+
In value terms, Kuwait ($61K) 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 2020, the average peach and nectarine export price amounted to $1,129 per tonne, growing by 56% against 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 $1,633 per tonne in 2020, dropping by -21% 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  This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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 2007–2020
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

This Chapter is Available Only for the Professional Edition PRO
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 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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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