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Philippines - Vegetables In Vinegar - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Vegetables In Vinegar Market Overview 2021

Vegetables In Vinegar Market Size in the Philippines

In 2020, the Philippine vegetables in vinegar market increased by X% to $X, rising for the sixth consecutive year after two years of decline. Overall, consumption saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the market hit record highs in 2020 and is likely to see steady growth in the near future.

Vegetables In Vinegar Production in the Philippines

In value terms, vegetables in vinegar production surged to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Vegetables in vinegar production peaked in 2020 and is expected to retain growth in years to come.

Vegetables In Vinegar Exports

Exports from the Philippines

In 2020, vegetables in vinegar exports from the Philippines declined sharply to X tonnes, dropping by -X% on 2019. Overall, exports, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, vegetables in vinegar exports dropped sharply to $X in 2020. Over the period under review, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China (X tonnes) was the main destination for vegetables in vinegar exports from the Philippines, with a X% share of total exports. Moreover, vegetables in vinegar exports to China exceeded the volume sent to the second major destination, Canada (X tonnes), fivefold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the U.S. (-X% per year).

In value terms, China ($X) remains the key foreign market for vegetables in vinegar exports from the Philippines, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the U.S. (-X% per year).

Export Prices by Country

The average vegetables in vinegar export price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period under review, export price indicated perceptible growth 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, vegetables in vinegar export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is likely to see steady growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Vegetables In Vinegar Imports

Imports into the Philippines

In 2020, approx. X tonnes of vegetables in vinegar were imported into the Philippines; rising by X% against the year before. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, vegetables in vinegar imports soared to $X in 2020. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest vegetables in vinegar supplier to the Philippines, with a X% share of total imports. Moreover, vegetables in vinegar imports from the U.S. exceeded the figures recorded by the second-largest supplier, South Korea (X tonnes), fourfold. The third position in this ranking was occupied by Sri Lanka (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Sri Lanka (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of vegetables in vinegar to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Sri Lanka (+X% per year).

Import Prices by Country

The average vegetables in vinegar import price stood at $X per tonne in 2020, standing approx. at the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, 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 vegetables in vinegar in the world?
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The countries with the highest volumes of vegetables in vinegar consumption in 2020 were China (308K tonnes), the U.S. (241K tonnes) and Viet Nam (219K tonnes), with a combined 30% share of global consumption. These countries were followed by India, Mexico, Thailand, the UK, Russia, Taiwan (Chinese), Iran, Canada, Germany and the Philippines, which together accounted for a further 40%.
What are the largest producers of vegetables in vinegar in the world?
+
The countries with the highest volumes of vegetables in vinegar production in 2020 were China (389K tonnes), India (387K tonnes) and Viet Nam (250K tonnes), together comprising 43% of global production.
What are the leading suppliers of vegetables in vinegar to the Philippines?
+
In value terms, the U.S. ($915K) constituted the largest supplier of vegetables in vinegar to the Philippines, comprising 38% of total imports. The second position in the ranking was occupied by India ($263K), with a 11% share of total imports. It was followed by Sri Lanka, with a 10% share.
What are the leading importers of vegetables in vinegar from the Philippines?
+
In value terms, China ($216K) remains the key foreign market for vegetables in vinegar exports from the Philippines, comprising 34% of total exports. The second position in the ranking was occupied by Canada ($83K), with a 13% share of total exports. It was followed by the U.S., with a 12% share.
What is the average export price for vegetables in vinegar in the Philippines?
+
In 2020, the average vegetables in vinegar export price amounted to $1,771 per tonne, with an increase of 22% against the previous year.
What is the average import price for vegetables in vinegar in the Philippines?
+
The average vegetables in vinegar import price stood at $1,018 per tonne in 2020, remaining relatively unchanged against the previous year.

Product coverage:
• FCL 471 - Vegetables in Vinegar

This report provides an in-depth analysis of the vegetables in vinegar 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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