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Philippines - Preserved Tomatoes - Market Analysis, Forecast, Size, Trends And Insights
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Philippines: Preserved Tomato Market Overview 2021

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Preserved Tomato Market Size in the Philippines

In 2019, the Philippine preserved tomato market decreased by -X% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, the total consumption indicated slight growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Preserved tomato consumption peaked at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Preserved Tomato Production in the Philippines

In value terms, preserved tomato production dropped to $X in 2019 estimated in export prices. Overall, the total production indicated a slight expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2019, production stood at a somewhat lower figure.

Preserved Tomato Exports

Exports from the Philippines

For the third year in a row, the Philippines recorded decline in overseas shipments of preserved tomatoes, which decreased by -X% to X kg in 2019. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Exports peaked at X kg in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, preserved tomato exports declined markedly to $X in 2019. In general, exports faced a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Macao SAR (X kg) and Palau (X kg) were the main destinations of preserved tomato exports from the Philippines, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Palau.

In value terms, Macao SAR ($X) and Palau ($X) appeared to be the largest markets for preserved tomato exported from the Philippines worldwide, together comprising X% of total exports.

Palau saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2019, the average preserved tomato export price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably for the major external markets. In 2019, the country with the highest price was Palau ($X per tonne), while the average price for exports to Macao SAR stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Palau.

Preserved Tomato Imports

Imports into the Philippines

In 2019, approx. X tonnes of preserved tomatoes were imported into the Philippines; picking up by X% compared with the year before. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked in 2019 and are expected to retain growth in years to come.

In value terms, preserved tomato imports rose modestly to $X in 2019. Overall, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Italy (X tonnes) constituted the largest preserved tomato supplier to the Philippines, accounting for a X% share of total imports. Moreover, preserved tomato imports from Italy exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Spain (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Spain (-X% per year).

Import Prices by Country

In 2019, the average preserved tomato import price amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved tomatoes in the world?
+
China (2M tonnes) remains the largest preserved tomato consuming country worldwide, comprising approx. 16% of total volume. Moreover, preserved tomato consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (955K tonnes), twofold. The third position in this ranking was occupied by India (787K tonnes), with a 6.3% share.
What are the largest producers of preserved tomatoes in the world?
+
The countries with the highest volumes of preserved tomato production in 2019 were China (2M tonnes), Italy (1.6M tonnes) and the U.S. (1M tonnes), with a combined 36% share of global production. India, Russia, Brazil, Indonesia, Pakistan, Bangladesh, Japan, Mexico and Spain lagged somewhat behind, together accounting for a further 26%.
What are the leading suppliers of preserved tomatoes to the Philippines?
+
In value terms, Italy ($2.5M) constituted the largest supplier of preserved tomato to the Philippines, comprising 86% of total imports. The second position in the ranking was occupied by the U.S. ($257K), with a 9% share of total imports.
What are the leading importers of preserved tomatoes from the Philippines?
+
In value terms, the largest markets for preserved tomato exported from the Philippines were Macao SAR ($104) and Palau ($63), with a combined 84% share of total exports.
What is the average export price for preserved tomatoes in the Philippines?
+
In 2019, the average preserved tomato export price amounted to $1,149 per tonne, dropping by -17.6% against the previous year.
What is the average import price for preserved tomatoes in the Philippines?
+
The average preserved tomato import price stood at $669 per tonne in 2019, which is down by -2.4% against the previous year.

Product coverage:
• Prodcom 10391710 - Preserved tomatoes, whole or in pieces (excluding prepared vegetable dishes and tomatoes preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the preserved tomato 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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