Latest Report Update: Apr 10, 2021

Philippines - Processed Cheese (Excluding Grated Or Powdered) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Philippines: Overview of the Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in the Philippines

The Philippine market for processed cheese (excluding grated or powdered) dropped to $X in 2019, approximately mirroring the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market failed to regain the momentum.

Production of Processed cheese (excluding grated or powdered) in the Philippines

In value terms, production of processed cheese (excluding grated or powdered) declined slightly to $X in 2019 estimated in export prices. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth remained at a lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from the Philippines

For the sixth year in a row, the Philippines recorded decline in shipments abroad of processed cheese (excluding grated or powdered), which decreased by -X% to X tonnes in 2019. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) reduced rapidly to $X in 2019. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2014 to 2019, the growth of exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for exports of processed cheese (excluding grated or powdered) from the Philippines, accounting for a X% share of total exports. Moreover, exports of processed cheese (excluding grated or powdered) to the United Arab Emirates exceeded the volume sent to the second major destination, the U.S. (X tonnes), threefold. Saudi Arabia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Saudi Arabia (-X% per year).

In value terms, the United Arab Emirates ($X), the U.S. ($X) and Singapore ($X) appeared to be the largest markets for processed cheese (excluding grated or powdered) exported from the Philippines worldwide, together accounting for X% of total exports. Saudi Arabia, Taiwan (Chinese) and New Zealand lagged somewhat behind, together accounting for a further X the main countries of destination, New Zealand (+X% per year) saw the highest growth rate of 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 export price for processed cheese (excluding grated or powdered) stood at $X per tonne in 2019, approximately reflecting the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into the Philippines

In 2019, approx. X tonnes of processed cheese (excluding grated or powdered) were imported into the Philippines; with an increase of X% compared with 2018 figures. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, imports of processed cheese (excluding grated or powdered) soared to $X in 2019. Overall, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to continue growth in the immediate term.

Imports by Country

New Zealand (X tonnes), Australia (X tonnes) and Indonesia (X tonnes) were the main suppliers of imports of processed cheese (excluding grated or powdered) to the Philippines, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in Indonesia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Australia ($X) and Indonesia ($X) were the largest processed cheese (excluding grated or powdered) suppliers to the Philippines, with a combined X% share of total imports. These countries were followed by the U.S., Denmark, Uruguay and the Netherlands, which together accounted for a further X terms of the main suppliers, Uruguay saw the highest growth rate of 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

The average import price for processed cheese (excluding grated or powdered) stood at $X per tonne in 2019, increasing by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Uruguay, 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 processed cheese (excluding grated or powdered) in the world?
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The countries with the highest volumes of consumption of processed cheese (excluding grated or powdered) in 2019 were China (1M tonnes), the U.S. (525K tonnes) and India (345K tonnes), together accounting for 30% of global consumption. Pakistan, Russia, Brazil, Japan, Indonesia, Bangladesh, Nigeria, Germany, France and Mexico lagged somewhat behind, together comprising a further 25%.
What are the largest producers of processed cheese (excluding grated or powdered) in the world?
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The countries with the highest volumes of production of processed cheese (excluding grated or powdered) in 2019 were China (989K tonnes), the U.S. (536K tonnes) and India (345K tonnes), with a combined 30% share of global production. Germany, Pakistan, Russia, Brazil, Japan, Bangladesh, Indonesia, France, Nigeria and Mexico lagged somewhat behind, together comprising a further 26%.
What are the leading suppliers of processed cheese (excluding grated or powdered) to the Philippines?
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In value terms, the largest processed cheese (excluding grated or powdered) suppliers to the Philippines were New Zealand ($8.2M), Australia ($5.8M) and Indonesia ($2M), with a combined 71% share of total imports. The U.S., Denmark, Uruguay and the Netherlands lagged somewhat behind, together accounting for a further 16%.
What are the leading importers of processed cheese (excluding grated or powdered) from the Philippines?
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In value terms, the largest markets for processed cheese (excluding grated or powdered) exported from the Philippines were the United Arab Emirates ($229K), the U.S. ($133K) and Singapore ($33K), together comprising 85% of total exports. Saudi Arabia, Taiwan (Chinese) and New Zealand lagged somewhat behind, together accounting for a further 13%.
What is the average export price for processed cheese (excluding grated or powdered) in the Philippines?
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The average export price for processed cheese (excluding grated or powdered) stood at $4,223 per tonne in 2019, therefore, remained relatively stable against the previous year.
What is the average import price for processed cheese (excluding grated or powdered) in the Philippines?
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In 2019, the average import price for processed cheese (excluding grated or powdered) amounted to $4,219 per tonne, surging by 8.7% against the previous year.

Product coverage:
• Prodcom 10514070 - Processed cheese (excluding grated or powdered)

This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) 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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