Philippines - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights

Philippines - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Sweet Potato Market Overview 2019

Sweet Potato Market Size in the Philippines

The revenue of the sweet potato market in the Philippines amounted to $X in 2017, coming up by X% against the previous year. Overall, the total market indicated a prominent expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sweet potato consumption increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2013, when market value increased by X% against the previous year. Over the period under review, the sweet potato market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Sweet Potato Production in the Philippines

In 2017, sweet potato production in the Philippines stood at X tonnes, approximately reflecting the previous year. Overall, sweet potato production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. The sweet potato production peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level. Sweet potato output in the Philippines indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a temperate growth in yield figures.

Average yield of sweet potato in the Philippines amounted to X tonne per ha in 2017, remaining constant against the previous year. The yield figure increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2013, with an increase of X% against the previous year. Over the period under review, the average sweet potato yield attained its maximum level in 2017, and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, harvested area of sweet potato in the Philippines amounted to X ha, leveling off at the previous year. Overall, sweet potato harvested area continues to indicate a significant slump. The pace of growth appeared the most rapid in 2017, when harvested area increased by X% against the previous year. The sweet potato harvested area peaked of X ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sweet Potato Exports in the Philippines

In 2017, the amount of sweet potato exported from the Philippines stood at X tonnes, increasing by X% against the previous year. Overall, sweet potato exports continue to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2013, when it surged by X% year-to-year. The exports peaked of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, sweet potato exports stood at $X in 2017. In general, sweet potato exports continue to indicate an outstanding growth. The exports peaked in 2017, and are likely to see steady growth in the near future.

Sweet Potato Exports by Country in the Philippines

China, Hong Kong SAR (X tonnes), Japan (X tonnes) and Australia (X tonnes) were the main destinations of sweet potato exports from the Philippines.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest markets for sweet potato exported from the Philippines were China, Hong Kong SAR ($X), Japan ($X) and Australia ($X).

Japan (+X% per year) experienced the highest growth rate of exports, in terms of the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Sweet Potato Export Prices by Country in the Philippines

In 2017, the average sweet potato export price amounted to $X per tonne, jumping by X% against the previous year. In general, sweet potato export price continues to indicate a remarkable growth. The growth pace was the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the average export prices for sweet potato reached its peak figure level of $X per tonne in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Canada ($X per tonne), while average price for exports to Qatar ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to China, Hong Kong SAR (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Sweet Potato Imports in the Philippines

Sweet potato imports into the Philippines totaled X tonnes in 2017, lowering by -X% against the previous year. Overall, sweet potato imports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2011, when imports increased by X% against the previous year. The imports peaked of X tonnes in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, sweet potato imports stood at $X in 2017. In general, sweet potato imports continue to indicate an outstanding growth. The imports peaked of $X in 2016, and then declined slightly in the following year.

Sweet Potato Imports by Country in the Philippines

In 2017, the U.S. (X tonnes) was the main sweet potato supplier to the Philippines, with a X% share of total imports. Moreover, sweet potato imports from the U.S. exceeded the figures recorded by the second largest supplier, Viet Nam (X tonnes), fourfold. The third position in this ranking was occupied by South Korea (X kg), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from the U.S. amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and South Korea (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of sweet potato to the Philippines, making up X% of total sweet potato imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from the U.S. stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and South Korea (+X% per year).

Sweet Potato Import Prices by Country in the Philippines

The average sweet potato import price stood at $X per tonne in 2017, coming down by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, an increase of X% against the previous year. The import price peaked of $X per tonne in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Korea ($X per tonne), while prices for sweet potato imports from the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Viet Nam (+X% per year), the import prices for other major suppliers experienced mixed trend patterns.

Product coverage: sweet potato.

This report provides an in-depth analysis of the sweet potato 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: the 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 2025

4. MOST PROMISING PRODUCTS
Finding New Products to Diversify Your Business
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
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
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
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
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
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 2007–2017
8.2 IMPORTS BY COUNTRY
8.3 IMPORT PRICES BY COUNTRY

9. EXPORTS
The Largest Destinations for Exports
9.1 EXPORTS FROM 2007–2017
9.2 EXPORTS BY COUNTRY
9.3 EXPORT PRICES BY COUNTRY

10. PRICES AND PRICE DEVELOPMENT
The Best Market Prices and Their Trend Patterns
10.1 PRODUCER PRICES
10.2 PRODUCER PRICES INDEX

11. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION


LIST OF TABLES
Table 1: Key Findings In 2017
Table 2: Market Volume, In Physical Terms, 2007–2017
Table 3: Market Value, 2007–2017
Table 4: Per Capita Consumption In 2007-2017
Table 5: Imports, In Physical Terms, By Country, 2007–2017
Table 6: Imports, In Value Terms, By Country, 2007–2017
Table 7: Import Prices, By Country Of Origin, 2007–2017
Table 8: Exports, In Physical Terms, By Country, 2007–2017
Table 9: Exports, In Value Terms, By Country, 2007–2017
Table 10: Export Prices, By Country Of Destination, 2007–2017

LIST OF FIGURES
Figure 1: Market Volume, In Physical Terms, 2007–2017
Figure 2: Market Value, 2007–2017
Figure 3: Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2017
Figure 4: Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2017
Figure 5: Trade Balance, In Physical Terms, 2007-2017
Figure 6: Trade Balance, In Value Terms, 2007-2017
Figure 7: Per Capita Consumption, 2007-2017
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, 2007–2017
Figure 22: Production, In Value Terms, 2007–2017
Figure 23: Area Harvested, 2007–2017
Figure 24: Yield, 2007–2017
Figure 25: Imports, In Physical Terms, 2007–2017
Figure 26: Imports, In Value Terms, 2007–2017
Figure 27: Imports, In Physical Terms, By Country, 2017
Figure 28: Imports, In Physical Terms, By Country, 2007–2017
Figure 29: Imports, In Value Terms, By Country, 2007–2017
Figure 30: Import Prices, By Country Of Origin, 2007–2017
Figure 31: Exports, In Physical Terms, 2007–2017
Figure 32: Exports, In Value Terms, 2007–2017
Figure 33: Exports, In Physical Terms, By Country, 2017
Figure 34: Exports, In Physical Terms, By Country, 2007–2017
Figure 35: Exports, In Value Terms, By Country, 2007–2017
Figure 36: Export Prices, By Country Of Destination, 2007–2017

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