Report Update Nov 1, 2024

Philippines - Brazil Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Brazil Nut Market 2024

Brazil Nut Market Size in the Philippines

For the ninth consecutive year, the Philippine brazil nut market recorded decline in sales value, which decreased by -82.6% to $X in 2021. Overall, consumption recorded a dramatic contraction. The most prominent rate of growth was recorded in 2013 when the market value decreased by -4.9% against the previous year. Brazil nut consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Brazil Nut Exports

Exports from the Philippines

In 2021, shipments abroad of brazil nuts increased by 3.1% to X kg, rising for the fifth year in a row after two years of decline. Overall, exports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 217%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, brazil nut exports rose remarkably to $X in 2021. In general, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 146% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Qatar (X kg) was the main destination for brazil nut exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Qatar totaled -16.2%.

In value terms, Qatar ($X) also remains the key foreign market for brazil nut exports from the Philippines.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar stood at -15.5%.

Export Prices by Country

The average brazil nut export price stood at $X per ton in 2021, picking up by 4.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 92%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to +0.8% per year.

Brazil Nut Imports

Imports into the Philippines

In 2021, approx. X kg of brazil nuts were imported into the Philippines; with a decrease of -19.6% on 2020. Over the period under review, imports recorded a significant curtailment. The smallest decline of -9.4% was in 2013. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, brazil nut imports fell to $X in 2021. Overall, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2014 with an increase of 0.2%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2018, Australia (X kg) was the main supplier of brazil nut to the Philippines, accounting for a approx. 100% share of total imports.

From 2014 to 2018, the average annual rate of growth in terms of volume from Australia was relatively modest.

In value terms, Australia ($X) constituted the largest supplier of brazil nut to the Philippines.

From 2014 to 2018, the average annual rate of growth in terms of value from Australia was relatively modest.

Import Prices by Country

In 2018, the average brazil nut import price amounted to $X per ton, rising by 43% against the previous year. Overall, the import price posted a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2014 to 2018, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for brazil nuts in the world?

The countries with the highest volumes of brazil nut consumption in 2021 were Bolivia, Brazil and Indonesia, together accounting for 71% of global consumption. These countries were followed by Peru, Spain, Afghanistan and Benin, which together accounted for a further 19%.

What are the largest producers of brazil nuts in the world?

The countries with the highest volumes of brazil nut production in 2021 were Brazil, Bolivia and Indonesia, with a combined 76% share of global production. These countries were followed by Peru, Afghanistan, Spain and Benin, which together accounted for a further 18%.

What are the leading suppliers of brazil nuts to the Philippines?

In value terms, Australia constituted the largest supplier of brazil nut to the Philippines.

What are the leading importers of brazil nuts from the Philippines?

In value terms, Qatar remains the key foreign market for brazil nut exports from the Philippines.

What is the average export price for brazil nuts in the Philippines?

In 2021, the average brazil nut export price amounted to $7,457 per ton, dropping by -2.1% against the previous year.

What is the average import price for brazil nuts in the Philippines?

The average brazil nut import price stood at $6,591 per ton in 2018, growing by 43% against the previous year.

This report provides an in-depth analysis of the brazil nut 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 216 - Brazil nuts

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