Philippines: Fruit And Berry Market 2024

Fruit And Berry Market Size in the Philippines

In 2022, the Philippine fruit and berry market increased by X% to $X, rising for the fourth consecutive year after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Fruit and berry consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Fruit And Berry Production in the Philippines

In value terms, fruit and berry production expanded markedly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Fruit and berry production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of fruits and berries in the Philippines reduced to X tons per ha in 2022, standing approx. at the year before. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the yield increased by X%. Over the period under review, the average fruit and berry yield reached the maximum level at X tons per ha in 2012; however, from 2013 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 fruits and berries production in the Philippines totaled X ha, remaining stable against 2021. Overall, the harvested area, however, recorded a mild setback. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X% against the previous year. The fruit and berry harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Fruit And Berry Exports

Exports from the Philippines

In 2022, after three years of decline, there was growth in overseas shipments of fruits and berries, when their volume increased by X% to X tons. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, fruit and berry exports amounted to $X in 2022. Overall, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons), China (X tons) and South Korea (X tons) were the main destinations of fruit and berry exports from the Philippines, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for fruit and berry exported from the Philippines were Japan ($X), China ($X) and South Korea ($X), together comprising X% of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average fruit and berry export price stood at $X per ton in 2022, approximately equating the previous year. Overall, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hong Kong SAR ($X per ton) and the United Arab Emirates ($X per ton), while the average price for exports to Kuwait ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

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

Fruit And Berry Imports

Imports into the Philippines

After seven years of growth, purchases abroad of fruits and berries decreased by X% to X tons in 2022. Overall, imports, however, continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, fruit and berry imports fell significantly to $X in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell significantly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of fruit and berry to the Philippines, with a X% share of total imports. Moreover, fruit and berry imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), tenfold. The third position in this ranking was taken by Pakistan (X tons), with a X% share.

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

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

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

Import Prices by Country

In 2022, the average fruit and berry import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fruit and berry import price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then dropped slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Australia ($X per ton), while the price for Pakistan ($X per ton) and Argentina ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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