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Report Philippines - Carob - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

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

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Philippines: Carob Market 2025

Carob Market Size in the Philippines

In 2021, the Philippine carob market decreased by 0% to less than $X, falling for the second year in a row after eight years of growth. Over the period under review, consumption recorded significant growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Carob Production in the Philippines

In value terms, carob production totaled $X in 2021 estimated in export price. Overall, production saw a abrupt descent. The growth pace was the most rapid in 2019 when the production volume increased by 6.6% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Carob Exports

Exports from the Philippines

In 2019, the amount of carob exported from the Philippines fell notably to X tons, shrinking by -32.1% against the previous year. Over the period under review, exports faced a dramatic downturn. The exports peaked at X tons in 2018, and then dropped dramatically in the following year.

In value terms, carob exports contracted dramatically to $X in 2019. In general, exports saw a sharp setback. The exports peaked at $X in 2018, and then fell notably in the following year.

Exports by Country

South Korea (X tons) was the main destination for carob exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2018 to 2019, the average annual growth rate of volume to South Korea totaled -32.1%.

In value terms, South Korea ($X) also remains the key foreign market for carob exports from the Philippines.

From 2018 to 2019, the average annual rate of growth in terms of value to South Korea amounted to -21.7%.

Export Prices by Country

The average carob export price stood at $X per ton in 2019, with an increase of 15% against the previous year. Over the period from 2018 to 2019, it increased at an average annual rate of +15.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2018 to 2019, the rate of growth in terms of prices for South Korea amounted to +15.3% per year.

Carob Imports

Imports into the Philippines

In 2019, purchases abroad of carob decreased by 0% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports saw a precipitous setback. The pace of growth was the most pronounced in 2014 when imports increased by 50%. Imports peaked at X tons in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, carob imports amounted to $X in 2019. In general, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2014 with an increase of 40%. Imports peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain momentum.

Imports by Country

In 2019, Japan (X tons) was the main carob supplier to the Philippines, with a approx. 100% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Japan was relatively modest.

In value terms, Japan ($X) constituted the largest supplier of carob to the Philippines.

From 2012 to 2019, the average annual growth rate of value from Japan was relatively modest.

Import Prices by Country

In 2019, the average carob import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2013 an increase of 44% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2019, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for Thailand amounted to +18.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of carob consumption in 2020 were Portugal, Italy and Turkey, with a combined 51% share of global consumption. Morocco, Greece, Vietnam, Cyprus, France, Algeria, Switzerland, Lebanon and Egypt lagged somewhat behind, together comprising a further 40%.
The countries with the highest volumes of carob production in 2020 were Portugal, Italy and Morocco, together accounting for 57% of global production. Turkey, Spain, Greece, Cyprus and Algeria lagged somewhat behind, together comprising a further 36%.
In value terms, Italy constituted the largest supplier of carob to the Philippines, comprising 95% of total imports. The second position in the ranking was occupied by Thailand $273), with a 4.9% share of total imports.
In value terms, South Korea remains the key foreign market for carob exports from the Philippines.
The average carob export price stood at $6,995 per ton in 2019, increasing by 15% against the previous year.
The average carob import price stood at $638 per ton in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the carob 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 461 - Carobs

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    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. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024

  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    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: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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