Report Philippines - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 29, 2021

Philippines - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Tomato Juice Market Overview 2021

Tomato Juice Market Size in the Philippines

The Philippine tomato juice market totaled $X in 2020, increasing by X% against the previous year. Overall, the total consumption indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Tomato Juice Production in the Philippines

In value terms, tomato juice production totaled $X in 2020 estimated in export prices. In general, production posted a measured expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Tomato juice production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Tomato Juice Exports

Exports from the Philippines

In 2020, shipments abroad of tomato juice decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. Overall, exports, however, posted a pronounced increase. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2019, and then dropped remarkably in the following year.

In value terms, tomato juice exports dropped remarkably to $X in 2020. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2019, and then fell notably in the following year.

Exports by Country

Singapore (X tonnes) was the main destination for tomato juice exports from the Philippines, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Singapore totaled +X%.

In value terms, Singapore ($X) also remains the key foreign market for tomato juice exports from the Philippines.

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

Export Prices by Country

In 2020, the average tomato juice export price amounted to $X per tonne, remaining constant against the previous year. Over the period under review, export price indicated a measured increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, tomato juice export price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

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

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

Tomato Juice Imports

Imports into the Philippines

In 2020, approx. X tonnes of tomato juice were imported into the Philippines; rising by X% compared with the previous year's figure. Over the period under review, imports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

In value terms, tomato juice imports shrank to $X in 2020. In general, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Imports peaked at $X in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

Imports by Country

Italy (X tonnes), South Korea (X tonnes) and Turkey (X tonnes) were the main suppliers of tomato juice imports to the Philippines, with a combined X% share of total imports. Austria, Germany, Spain and Slovenia lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Germany, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Austria ($X) and South Korea ($X) were the largest tomato juice suppliers to the Philippines, together accounting for X% of total imports. These countries were followed by Germany, Turkey, Spain and Slovenia, which together accounted for a further X the main suppliers, Germany recorded 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 tomato juice import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomato juice in the world?
+
The countries with the highest volumes of tomato juice consumption in 2020 were India (110K tonnes), Japan (72K tonnes) and Canada (60K tonnes), with a combined 54% share of global consumption.
What are the largest producers of tomato juice in the world?
+
The countries with the highest volumes of tomato juice production in 2020 were India (109K tonnes), Japan (68K tonnes) and Canada (61K tonnes), together accounting for 52% of global production.
What are the leading suppliers of tomato juice to the Philippines?
+
In value terms, the largest tomato juice suppliers to the Philippines were Italy ($20K), Austria ($13K) and South Korea ($13K), together accounting for 56% of total imports. Germany, Turkey, Spain and Slovenia lagged somewhat behind, together accounting for a further 37%.
What are the leading importers of tomato juice from the Philippines?
+
In value terms, Singapore ($7.3K) remains the key foreign market for tomato juice exports from the Philippines.
What is the average export price for tomato juice in the Philippines?
+
The average tomato juice export price stood at $947 per tonne in 2020, remaining relatively unchanged against the previous year.
What is the average import price for tomato juice in the Philippines?
+
The average tomato juice import price stood at $505 per tonne in 2020, declining by -17.8% against the previous year.
Product coverage:
• FCL 390 - Juice of Tomatoes

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

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 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:
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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