Philippines - Pears - Market Analysis, Forecast, Size, Trends and Insights
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Pear Market Size in the Philippines
In 2021, the Philippine pear market increased by 1.4% to $X, rising for the fourth year in a row after four years of decline. Over the period under review, consumption, however, recorded a moderate expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.
Pear Exports
Exports from the Philippines
In 2021, approx. less than X kg of pears were exported from the Philippines; approximately equating the year before. Over the period under review, exports saw a relatively flat trend pattern.
In value terms, pear exports totaled less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.
Exports by Country
Macao SAR (X tons), Saudi Arabia (X tons) and Bahrain (X kg) were the main destinations of pear exports from the Philippines, with a combined 75% share of total exports. Moreover, pear exports in Macao SAR exceeded the figures recorded by the second-largest exporter, Saudi Arabia, threefold.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Macao SAR (with a CAGR of +60.6%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for pear exported from the Philippines were Macao SAR ($X), Saudi Arabia ($X) and Bahrain ($X), together accounting for 75% of total exports. Moreover, pear exports in Macao SAR exceeded the figures recorded by the second-largest exporter, Saudi Arabia, fourfold.
Among the main countries of destination, Macao SAR, with a CAGR of +49.1%, 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
The average pear export price stood at less than $X per ton in 2021, approximately mirroring the previous year. In general, the export price recorded a relatively flat trend pattern.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($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 Saudi Arabia (-6.2%), while the prices for the other major destinations experienced a decline.
Pear Imports
Imports into the Philippines
After two years of growth, purchases abroad of pears decreased by -6.1% to X tons in 2021. Over the period under review, total imports indicated a resilient increase from 2017 to 2021: its volume increased at an average annual rate of +8.7% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +47.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 41%. Imports peaked at X tons in 2020, and then contracted in the following year.
In value terms, pear imports totaled $X in 2021. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 50%. Imports peaked in 2021 and are expected to retain growth in the near future.
Imports by Country
In 2021, China (X tons) was the main supplier of pear to the Philippines, accounting for a approx. 99% share of total imports.
From 2017 to 2021, the average annual growth rate of volume from China totaled +8.8%.
In value terms, China ($X) constituted the largest supplier of pears to the Philippines.
From 2017 to 2021, the average annual rate of growth in terms of value from China amounted to +22.7%.
Import Prices by Country
In 2021, the average pear import price amounted to $X per ton, rising by 8% against the previous year. In general, import price indicated a strong increase from 2017 to 2021: its price increased at an average annual rate of +12.8% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pear import price increased by +61.8% against 2017 indices. The growth pace was the most rapid in 2018 when the average import price increased by 20%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2017 to 2021, the rate of growth in terms of prices for China amounted to +12.7% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pear 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 521 - Pears
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
- Find deeper insights into current market developments
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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