Philippines: Vegetable Market 2025

Vegetable Market Size in the Philippines

The Philippine vegetable market was estimated at $X in 2022, remaining relatively unchanged against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Vegetable consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Vegetable Production in the Philippines

In value terms, vegetable production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Vegetable production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of vegetables in the Philippines totaled X tons per ha, remaining relatively unchanged against 2021 figures. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the average vegetable yield hit record highs at X tons per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of vegetables production in the Philippines declined modestly to X ha, almost unchanged from 2021. In general, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. The vegetable harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Vegetable Exports

Exports from the Philippines

In 2022, shipments abroad of vegetables decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, vegetable exports fell markedly to $X in 2022. Overall, exports recorded a deep slump. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for vegetable exports from the Philippines, with a X% share of total exports. Moreover, vegetable exports to Japan exceeded the volume sent to the second major destination, Singapore (X tons), fivefold. The third position in this ranking was taken by Indonesia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Japan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Indonesia (X% per year).

In value terms, Japan ($X) remains the key foreign market for vegetables exports from the Philippines, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the average vegetable export price amounted to $X per ton, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Imports

Imports into the Philippines

Vegetable imports into the Philippines dropped dramatically to X tons in 2022, waning by X% compared with the year before. Over the period under review, imports, however, showed a perceptible expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, vegetable imports reduced notably to $X in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

The United States (X tons), China (X tons) and Australia (X tons) were the main suppliers of vegetable imports to the Philippines, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of vegetables to the Philippines, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Australia, with an X% share.

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

Import Prices by Country

In 2022, the average vegetable import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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