Philippines: Market for Fresh cheese (unripened or uncured cheese), including whey cheese and curd 2021

Market Size for Fresh cheese (unripened or uncured cheese), including whey cheese and curd in the Philippines

The Philippine market for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X in 2020, picking up by X% against the previous year. Overall, consumption showed a tangible expansion. The pace of growth was the most pronounced in 2015 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in the Philippines

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd rose slightly to $X in 2020 estimated in export prices. In general, production posted moderate growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% year-to-year. Production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Exports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Exports from the Philippines

In 2020, shipments abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at X tons in 2019, and then reduced notably in the following year.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd dropped notably to $X in 2020. Over the period under review, exports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked at $X in 2019, and then fell notably in the following year.

Exports by Country

Qatar (X tons), the U.S. (X tons) and the United Arab Emirates (X tons) were the main destinations of exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from the Philippines, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fresh cheese (unripened or uncured cheese), including whey cheese and curd exported from the Philippines were the U.S. ($X), Qatar ($X) and the United Arab Emirates ($X), together accounting for X% of total exports.

Among the main countries of destination, the United Arab Emirates recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X per ton, reducing by -X% against the previous year. In general, the export price showed a noticeable descent. The pace of growth was the most pronounced in 2015 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait, while the prices for the other major destinations experienced a decline.

Imports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Imports into the Philippines

In 2020, supplies from abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons, falling for the second year in a row after five years of growth. Overall, imports, however, showed a slight expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd shrank dramatically to $X in 2020. In general, imports, however, showed a moderate increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

New Zealand (X tons), Australia (X tons) and Denmark (X tons) were the main suppliers of imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to the Philippines, together accounting for X% of total imports. Germany, the U.S., France and Japan lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Australia ($X) and Denmark ($X) constituted the largest fresh cheese (unripened or uncured cheese), including whey cheese and curd suppliers to the Philippines, together comprising X% of total imports. These countries were followed by Germany, the U.S., France and Japan, which together accounted for a further X terms of the main suppliers, Germany 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

In 2020, the average import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X per ton, rising by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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