Philippines: Cabbage Market 2024

Cabbage Market Size in the Philippines

The Philippine cabbage market reached $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cabbage Production in the Philippines

In value terms, cabbage production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2019 when the production volume increased by 13%. Cabbage production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average cabbage yield in the Philippines amounted to X tons per ha, therefore, remained relatively stable against the previous year's figure. In general, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the yield increased by 6%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the average cabbage yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cabbage and other brassicas were harvested in the Philippines; surging by 1.6% compared with the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 2.2% against the previous year. Over the period under review, the harvested area dedicated to cabbage production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Cabbage Exports

Exports from the Philippines

In 2022, approx. X tons of cabbage and other brassicas were exported from the Philippines; growing by 774% compared with the year before. Over the period under review, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cabbage exports surged to $X in 2022. Overall, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for cabbage exports from the Philippines, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to +35.5%.

In value terms, Canada ($X) also remains the key foreign market for cabbage and other brassicas exports from the Philippines.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada stood at +44.9%.

Export Prices by Country

The average cabbage export price stood at $X per ton in 2022, waning by -59.3% against the previous year. Over the period under review, the export price, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 289%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +44.6% per year.

Cabbage Imports

Imports into the Philippines

In 2022, purchases abroad of cabbage and other brassicas decreased by -81.9% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 755%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cabbage imports declined dramatically to $X in 2022. Overall, imports saw a significant contraction. The most prominent rate of growth was recorded in 2018 with an increase of 751% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of cabbage to the Philippines, with a 77% share of total imports. Moreover, cabbage imports from the United States exceeded the figures recorded by the second-largest supplier, France (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-10.3% per year) and China (-49.3% per year).

In value terms, the United States ($X) constituted the largest supplier of cabbage and other brassicas to the Philippines, comprising 88% of total imports. The second position in the ranking was held by France ($X), with a 9.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-13.2% per year) and China (-52.4% per year).

Import Prices by Country

The average cabbage import price stood at $X per ton in 2022, with an increase of 29% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. The pace of growth was the most pronounced in 2014 an increase of 79% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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