Philippines - Mixes And Doughs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMixes and Doughs Price in the Philippines - 2023
Contents:
- Mixes and Doughs Price in the Philippines (CIF) - 2023
- Mixes and Doughs Price in the Philippines (FOB) - 2023
- Mixes and Doughs Imports in the Philippines
- Mixes and Doughs Exports in the Philippines
Mixes and Doughs Price in the Philippines (CIF) - 2023
In June 2023, the average mixes and doughs import price amounted to $1,985 per ton, increasing by 23% against the previous month. In general, import price indicated a modest expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, mixes and doughs import price increased by +36.4% against April 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 64% against the previous month. As a result, import price reached the peak level of $2,073 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($2,799 per ton), while the price for Italy ($856 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Mixes and Doughs Price in the Philippines (FOB) - 2023
In June 2023, the average mixes and doughs export price amounted to $3,874 per ton, picking up by 39% against the previous month. In general, export price indicated a mild increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, mixes and doughs export price increased by +40.7% against April 2023 indices. The pace of growth was the most pronounced in February 2023 when the average export price increased by 72% month-to-month. Over the period under review, the average export prices hit record highs in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($5,313 per ton), while the average price for exports to the United States ($1,354 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Mixes and Doughs Imports in the Philippines
In 2022, purchases abroad of mixes and doughs decreased by -52.6% to 9.3K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 24% against the previous year.
In value terms, mixes and doughs imports contracted to $12M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Mixes and Doughs in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.6 | 6.1 | 4.7 | 4.5 | -7.0% |
Indonesia | 2.0 | 1.9 | 2.7 | 3.0 | 14.5% |
Thailand | 1.0 | 1.0 | 1.3 | 0.9 | -3.5% |
Singapore | 0.6 | 0.4 | 0.5 | 0.8 | 10.1% |
Malaysia | 0.3 | 0.4 | 0.2 | 0.7 | 32.6% |
Belgium | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
France | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
China | 0.7 | 1.4 | 2.4 | 0.2 | -34.1% |
Japan | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
South Korea | 0.2 | 0.4 | 0.3 | 0.1 | -20.6% |
Others | 1.2 | 2.5 | 1.5 | 1.3 | 2.7% |
Total | 12.1 | 14.5 | 14.0 | 12.3 | 0.5% |
Top Suppliers of Mixes and Doughs to the Philippines in 2022:
- United States (3869.0 tons)
- Indonesia (2315.8 tons)
- China (568.0 tons)
- Singapore (516.8 tons)
- Thailand (286.8 tons)
- Japan (218.0 tons)
- Belgium (211.3 tons)
- South Korea (208.7 tons)
- Malaysia (189.5 tons)
- France (180.3 tons)
Mixes and Doughs Exports in the Philippines
In 2022, exports of mixes and doughs from the Philippines soared to 1.4K tons, surging by 54% on 2021 figures. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 350%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, mixes and doughs exports skyrocketed to $3.6M in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 288% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Mixes and Doughs in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 43.3 | 29.2 | 470 | 1,838 | 248.8% |
United States | 10.4 | 55.9 | 120 | 566 | 279.0% |
United Arab Emirates | 401 | 311 | 894 | 297 | -9.5% |
Canada | N/A | 9.1 | 129 | 269 | 443.7% |
Thailand | 4.7 | 57.8 | 11.3 | 114 | 189.5% |
Vietnam | 3.8 | N/A | 44.4 | 90.7 | 187.9% |
Saudi Arabia | N/A | N/A | 20.5 | 81.7 | 298.5% |
Brunei Darussalam | N/A | 0.9 | 30.9 | 65.9 | 755.7% |
New Zealand | 51.2 | 8.3 | 6.0 | 2.4 | -63.9% |
Others | 8.4 | 27.6 | 214 | 320 | 236.5% |
Total | 522 | 500 | 1,940 | 3,645 | 91.1% |
Top Export Markets for Mixes and Doughs from the Philippines in 2022:
- United States (324.1 tons)
- Malaysia (323.8 tons)
- United Arab Emirates (274.9 tons)
- Canada (180.8 tons)
- Thailand (56.6 tons)
- Saudi Arabia (52.5 tons)
- Brunei Darussalam (35.5 tons)
- Vietnam (28.9 tons)
- New Zealand (0.8 tons)
This report provides an in-depth analysis of the mixes and doughs 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:
- Prodcom 10612400 - Mixes and doughs for the preparation of bread, cakes, pastry, c rispbread, biscuits, waffles, wafers, rusks, toasted bread and similar toasted products and other bakers
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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