Philippines: Market for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes 2024

Market Size for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in the Philippines

The Philippine market for citrus fruit jams, marmalades, jellies, purees or pastes dropped modestly to $X in 2022, with a decrease of -2.9% against the previous year. Over the period under review, consumption, however, saw strong growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in the Philippines

In value terms, citrus fruit jams and marmalades production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 92% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Exports from the Philippines

In 2022, shipments abroad of citrus fruit jams, marmalades, jellies, purees or pastes increased by 711% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 7,401%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, citrus fruit jams and marmalades exports skyrocketed to $X in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 8,990% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for citrus fruit jams and marmalades exports from the Philippines, accounting for a 61% share of total exports. Moreover, citrus fruit jams and marmalades exports to China exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by Indonesia (X tons), with an 8.8% share.

From 2013 to 2022, the average annual growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+65.0% per year) and Indonesia (0.0% per year).

In value terms, China ($X) emerged as the key foreign market for citrus fruit jams, marmalades, jellies, purees or pastes exports from the Philippines, comprising 54% of total exports. The second position in the ranking was taken by the United States ($X), with a 23% share of total exports. It was followed by Japan, with a 6.5% share.

From 2013 to 2022, the average annual rate of growth in terms of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+80.7% per year) and Japan (0.0% per year).

Export Prices by Country

The average export price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $X per ton in 2022, falling by -2.1% against the previous year. In general, export price indicated a temperate increase from 2013 to 2022: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruit jams and marmalades export price increased by +59.0% against 2018 indices. The growth pace was the most rapid in 2016 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Imports into the Philippines

In 2022, the amount of citrus fruit jams, marmalades, jellies, purees or pastes imported into the Philippines expanded sharply to X tons, growing by 8.1% against the previous year's figure. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 248%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, citrus fruit jams and marmalades imports expanded remarkably to $X in 2022. In general, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of 523% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of citrus fruit jams and marmalades to the Philippines, accounting for a 44% share of total imports. Moreover, citrus fruit jams and marmalades imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold. The third position in this ranking was held by France (X tons), with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to -22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+179.1% per year) and France (+7.0% per year).

In value terms, the largest citrus fruit jams and marmalades suppliers to the Philippines were the United States ($X), France ($X) and Australia ($X), together comprising 73% of total imports. Sweden, the UK, Japan, Poland, Vietnam, Indonesia and China lagged somewhat behind, together accounting for a further 22%.

Among the main suppliers, Poland, with a CAGR of +931.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $X per ton in 2022, picking up by 2.7% against the previous year. Over the period under review, the import price showed a remarkable increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 95% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+38.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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