Philippines: Dried Apricot Market 2020

Dried Apricot Market Size in the Philippines

The revenue of the dried apricot market in the Philippines amounted to $X in 2017, coming down by -X% against the previous year. In general, dried apricot consumption continues to indicate a strong growth. The pace of growth was the most pronounced in 2015, when it surged by X% against the previous year. The Philippines dried apricot consumption peaked of $X in 2016, and then declined slightly in the following year.

Dried Apricot Production in the Philippines

In 2017, dried apricot production in the Philippines stood at X kg, therefore, remained relatively stable against the previous year. Overall, dried apricot production continues to indicate a relatively flat trend pattern.

Dried Apricot Exports in the Philippines

In 2017, the amount of dried apricots exported from the Philippines stood at X tons, coming down by -X% against the previous year. In general, dried apricot exports continue to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. The Philippines exports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, dried apricot exports totaled $X in 2017. Overall, dried apricot exports continue to indicate an abrupt deduction. Over the period under review, the dried apricot exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Dried Apricot Exports by Country in the Philippines

Turkey prevails in dried apricot exports structure, accounting for X tons, which was near X% of total exports in 2017. It was distantly followed by Afghanistan (X tons), comprising X% share of total exports. France (X tons) took the slight share of total exports.

Turkey experienced a relatively flat trend pattern of dried apricots exports. At the same time, Afghanistan (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, France (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Turkey increased by X% percentage points, while Afghanistan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest dried apricot supplier from the Philippines, making up X% of global exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey stood at +X%. In the other countries, the average annual rates were as follows: Afghanistan (+X% per year) and France (-X% per year).

Dried Apricot Export Prices by Country in the Philippines

In 2017, the dried apricot export price in the Philippines amounted to $X per ton, coming down by -X% against the previous year. In general, dried apricot export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2010, when the export prices increased by X% y-o-y. Over the period under review, the export prices for dried apricots reached its maximum level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Dried Apricot Imports in the Philippines

In 2017, approx. X tons of dried apricots were imported into the Philippines; reducing by -X% against the previous year. Overall, dried apricot imports continue to indicate a moderate decrease. The most prominent rate of growth was recorded in 2011, when imports increased by X% against the previous year. The Philippines imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, dried apricot imports stood at $X in 2017. Overall, dried apricot imports continue to indicate a relatively flat trend pattern. The Philippines imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Dried Apricot Imports by Country in the Philippines

In 2017, the U.S. (X tons), followed by the UK (X tons), Russia (X tons), Ukraine (X tons), Germany (X tons), France (X tons) and Algeria (X tons) represented the key importers of dried apricots, together making up X% of total imports. Kazakhstan (X tons), Australia (X tons), Iraq (X tons), Egypt (X tons) and Brazil (X tons) followed a long way behind the leaders.

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

In value terms, the U.S. ($X), the UK ($X) and Germany ($X) were the countries with the highest levels of imports in 2017, together comprising X% of total imports. These countries were followed by France, Russia, Australia, Brazil, Kazakhstan, Algeria, Ukraine, Egypt, Iraq and the Philippines, which together accounted for a further X%.

Among the main importing countries , Algeria (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Dried Apricot Import Prices by Country in the Philippines

In 2017, the dried apricot import price in the Philippines amounted to $X per ton, reducing by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. The Philippines import price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform