Report Update Nov 1, 2024

Philippines - Apple - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Apple Market 2024

Apple Market Size in the Philippines

For the third year in a row, the Philippine apple market recorded growth in sales value, which increased by 3.8% to $X in 2021. Overall, consumption, however, posted a resilient expansion. Apple consumption peaked in 2021 and is expected to retain growth in years to come.

Apple Exports

Exports from the Philippines

After two years of decline, overseas shipments of apples increased by 320% to X tons in 2021. Over the period under review, exports, however, showed a significant curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 443%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, apple exports soared to $X in 2021. In general, exports, however, showed a sharp decrease. The pace of growth was the most pronounced in 2015 when exports increased by 298%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons), Bahrain (X tons) and Qatar (X tons) were the main destinations of apple exports from the Philippines, with a combined 77% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +4.9%), while shipments for the other leaders experienced a decline.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X) were the largest markets for apple exported from the Philippines worldwide, with a combined 76% share of total exports. Bahrain, Qatar and Macao SAR lagged somewhat behind, together accounting for a further 24%.

Among the main countries of destination, Qatar, with a CAGR of -2.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average apple export price stood at $X per ton in 2021, which is down by -45.7% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 36%. The export price peaked at $X per ton in 2020, and then dropped sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Apple Imports

Imports into the Philippines

In 2021, after two years of growth, there was decline in supplies from abroad of apples, when their volume decreased by -4.6% to X tons. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2016 when imports increased by 120% against the previous year. Imports peaked at X tons in 2020, and then contracted in the following year.

In value terms, apple imports rose sharply to $X in 2021. In general, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by 75%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X tons) was the main supplier of apple to the Philippines, with a 98% share of total imports. It was followed by the United States (X tons), with a 1.4% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +13.4%.

In value terms, China ($X) constituted the largest supplier of apples to the Philippines, comprising 98% of total imports. The second position in the ranking was taken by the United States ($X), with a 1.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +16.1%.

Import Prices by Country

In 2021, the average apple import price amounted to $X per ton, growing by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2014 an increase of 18%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apples in the world?

China remains the largest apple consuming country worldwide, accounting for 47% of total volume. Moreover, apple consumption in China exceeded the figures recorded by the second-largest consumer, the United States, tenfold. Turkey ranked third in terms of total consumption with a 3.8% share.

What are the largest producers of apples in the world?

China remains the largest apple producing country worldwide, accounting for 48% of total volume. Moreover, apple production in China exceeded the figures recorded by the second-largest producer, the United States, ninefold. Turkey ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of apples to the Philippines?

In value terms, China constituted the largest supplier of apple to the Philippines.

What are the leading importers of apples from the Philippines?

In value terms, the largest markets for apple exported from the Philippines were the United Arab Emirates, Saudi Arabia and Kuwait, with a combined 74% share of total exports. Bahrain, Qatar and Macao SAR lagged somewhat behind, together accounting for a further 26%.

What is the average export price for apples in the Philippines?

The average apple export price stood at $954 per ton in 2021, standing approx. at the previous year.

What is the average import price for apples in the Philippines?

In 2021, the average apple import price amounted to $1,237 per ton, increasing by 12% against the previous year.

This report provides an in-depth analysis of the apple 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 2030.

Product coverage:

FCL 515 - Apples

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023