Philippines: Market for Seeds, Fruit and Spores Used for Sowing 2025

Market Size for Seeds, Fruit and Spores Used for Sowing in the Philippines

The Philippine market for seeds, fruit and spores used for sowing reached $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Seeds, Fruit and Spores Used for Sowing in the Philippines

In value terms, production of seeds, fruit and spores used for sowing reduced slightly to $X in 2022 estimated in export price. Overall, production posted strong growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 439%. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

In 2022, the average yield of seeds, fruit and spores used for sowing in the Philippines amounted to less than X kg per ha, approximately equating the previous year. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of seeds, fruit and spores used for sowing in the Philippines was estimated at less than X ha, approximately reflecting the previous year. In general, the harvested area saw a relatively flat trend pattern.

Exports of Seeds, Fruit and Spores Used for Sowing

Exports from the Philippines

After two years of decline, shipments abroad of seeds, fruit and spores used for sowing increased by 325% to X tons in 2022. Overall, exports, however, faced a abrupt setback. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of seeds, fruit and spores used for sowing surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 417%. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons), India (X tons) and Thailand (X tons) were the main destinations of exports of seeds, fruit and spores used for sowing from the Philippines.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +67.4%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for seed, fruit and spore used for sowing exported from the Philippines were India ($X), Malaysia ($X) and Thailand ($X).

India, with a CAGR of +35.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for seeds, fruit and spores used for sowing amounted to $X per ton, with a decrease of -32.2% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 244% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Malaysia ($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 Singapore (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Seeds, Fruit and Spores Used for Sowing

Imports into the Philippines

In 2022, supplies from abroad of seeds, fruit and spores used for sowing increased by 29% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 237% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seeds, fruit and spores used for sowing totaled $X in 2022. Overall, imports enjoyed slight growth. The growth pace was the most rapid in 2017 when imports increased by 140%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest seed, fruit and spore used for sowing supplier to the Philippines, with a 82% share of total imports. Moreover, imports of seeds, fruit and spores used for sowing from the United States exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), ninefold. The third position in this ranking was taken by India (X tons), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-5.3% per year) and India (+23.4% per year).

In value terms, the United States ($X) constituted the largest supplier of seeds, fruit and spores used for sowing to the Philippines, comprising 87% of total imports. The second position in the ranking was held by India ($X), with a 5.1% share of total imports. It was followed by Vietnam, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+20.9% per year) and Vietnam (+10.4% per year).

Import Prices by Country

In 2022, the average import price for seeds, fruit and spores used for sowing amounted to $X per ton, with a decrease of -18.6% against the previous year. Over the period under review, the import price, however, showed significant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 656%. The import price peaked at $X per ton in 2021, and then fell rapidly in the following year.

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 the United States ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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