Insects; Live, Bees Price in the Philippines - 2022
Contents:
- Insects; Live, Bees Price in the Philippines (FOB) - 2022
- Insects; Live, Bees Exports in the Philippines
Insects; Live, Bees Price in the Philippines (FOB) - 2022
The average insects; live, bees export price stood at $0.3 per unit in 2020, with a decrease of -12.1% against the previous year. Overall, the export price recorded a abrupt decline. The export price peaked at $0.4 per unit in 2019, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2019 to 2020, the rate of growth in terms of prices for Singapore amounted to -12.2% per year.
Insects; Live, Bees Exports in the Philippines
In 2020, approx. 1K units of insects; live, beeses were exported from the Philippines; which is down by -91.7% compared with the previous year. Overall, exports continue to indicate a precipitous decrease. The exports peaked at 13K units in 2019, and then shrank markedly in the following year.
In value terms, insects; live, bees exports dropped significantly to $340 in 2020. In general, exports recorded a dramatic setback. The exports peaked at $4.6K in 2019, and then reduced sharply in the following year.
| Export of Insects; Live, Bees in the Philippines (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
| Singapore | 4.6 | 0.3 | -93.5% |
| Others | N/A | N/A | 0% |
| Total | 4.6 | 0.3 | -93.5% |
Top Export Markets for Insects; Live, Bees from the Philippines in 2022:
- Singapore (1.0K units)
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