Report Update Jan 1, 2025

Philippines - Peaches and Nectarines - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in the Philippines

In 2021, the Philippine peach and nectarine market decreased by -45.3% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a mild curtailment. Peach and nectarine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Peach And Nectarine Exports

Exports from the Philippines

In 2021, overseas shipments of peaches and nectarines decreased by -81.9% to X tons for the first time since 2011, thus ending a nine-year rising trend. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 65%. As a result, the exports attained the peak of X tons, and then declined markedly in the following year.

In value terms, peach and nectarine exports fell remarkably to $X in 2021. In general, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 157% against the previous year. As a result, the exports reached the peak of $X, and then dropped significantly in the following year.

Exports by Country

Kuwait (X tons) was the main destination for peach and nectarine exports from the Philippines, with a 85% share of total exports. Moreover, peach and nectarine exports to Kuwait exceeded the volume sent to the second major destination, Germany (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kuwait totaled +26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (0.0% per year) and Saudi Arabia (-35.7% per year).

In value terms, Kuwait ($X) remains the key foreign market for peach and nectarine exports from the Philippines, comprising 75% of total exports. The second position in the ranking was taken by Germany ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Kuwait amounted to +49.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (0.0% per year) and Saudi Arabia (-24.3% per year).

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2021, with an increase of 89% against the previous year. In general, the export price recorded a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+18.2%).

Peach And Nectarine Imports

Imports into the Philippines

In 2021, overseas purchases of peaches and nectarines decreased by -63.9% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a noticeable contraction. The growth pace was the most rapid in 2015 with an increase of 309%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, peach and nectarine imports contracted sharply to $X in 2021. Overall, imports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2015 when imports increased by 280%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Australia (X tons), Singapore (X tons) and Greece (X tons) were the main suppliers of peach and nectarine imports to the Philippines, together comprising 78% of total imports.

From 2012 to 2021, the biggest increases were in Australia (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of peach and nectarine to the Philippines, comprising 34% of total imports. The second position in the ranking was held by Greece ($X), with a 17% share of total imports. It was followed by Chile, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Australia stood at +35.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+6.0% per year) and Chile (+19.2% per year).

Import Prices by Country

The average peach and nectarine import price stood at $X per ton in 2021, falling by -2.4% against the previous year. In general, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peach and nectarine import price decreased by -26.8% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of 44% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Chile ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peaches and nectarines in the world?

The country with the largest volume of peach and nectarine consumption was China, comprising approx. 60% of total volume. Moreover, peach and nectarine consumption in China exceeded the figures recorded by the second-largest consumer, Italy, more than tenfold. Greece ranked third in terms of total consumption with a 3.4% share.

What are the largest producers of peaches and nectarines in the world?

The country with the largest volume of peach and nectarine production was China, accounting for 60% of total volume. Moreover, peach and nectarine production in China exceeded the figures recorded by the second-largest producer, Spain, tenfold. Italy ranked third in terms of total production with a 4.5% share.

What are the leading suppliers of peaches and nectarines to the Philippines?

In value terms, the largest peach and nectarine suppliers to the Philippines were Greece, Australia and China, with a combined 64% share of total imports.

What are the leading importers of peaches and nectarines from the Philippines?

In value terms, Kuwait remains the key foreign market for peach and nectarine exports from the Philippines, comprising 77% of total exports. The second position in the ranking was occupied by Germany, with a 23% share of total exports.

What is the average export price for peaches and nectarines in the Philippines?

In 2021, the average peach and nectarine export price amounted to $976 per ton, falling by -13.6% against the previous year.

What is the average import price for peaches and nectarines in the Philippines?

The average peach and nectarine import price stood at $1,731 per ton in 2021, rising by 10% against the previous year.

This report provides an in-depth analysis of the peach and nectarine market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 534 - Peaches and nectarines

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024