Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines - 2024
Contents:
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines (CIF) - 2022
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines (FOB) - 2022
- Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines
- Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines (CIF) - 2022
The average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $4,166 per ton in 2022, growing by 100% against the previous year. In general, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Chile ($5,152 per ton), while the price for the United States ($1,764 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines (FOB) - 2022
The average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $1,284 per ton in 2022, shrinking by -12.9% against the previous year. Overall, the export price showed a abrupt slump. The export price peaked at $2,678 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($6,818 per ton), while the average price for exports to Hong Kong SAR ($1,129 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+26.2%), while the prices for the other major destinations experienced a decline.
Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines
In 2022, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes into the Philippines fell dramatically to 93 tons, waning by -67.6% against the year before. Over the period under review, imports faced a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year.
In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes declined sharply to $385K in 2022. Overall, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 52%.
Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 220 | 17.8 | 6.3 | 115 | -19.4% |
Chile | N/A | 45.7 | 112 | 44.7 | -1.1% |
Australia | 104 | 127 | 180 | 32.7 | -32.0% |
Others | 328 | 203 | 298 | 193 | -16.2% |
Total | 652 | 393 | 597 | 385 | -16.1% |
Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to the Philippines in 2022:
- United States (65.4 tons)
- Australia (18.4 tons)
- Chile (8.7 tons)
Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines
In 2022, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes from the Philippines skyrocketed to 1.3 tons, with an increase of 23% compared with the previous year. The total export volume increased at an average annual rate of +23.4% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes rose notably to $1.7K in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2021 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Philippines (USD) | |||
---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
Hong Kong SAR | N/A | 1,289 | 0% |
United Arab Emirates | 14.0 | 186 | 1228.6% |
Bahrain | N/A | 150 | 0% |
Maldives | N/A | 77.0 | 0% |
Kuwait | 1,039 | N/A | 0% |
Germany | 461 | N/A | 0% |
Saudi Arabia | 68.0 | N/A | 0% |
Others | 9.0 | 8.0 | -11.1% |
Total | 1,591 | 1,710 | 7.5% |
Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from the Philippines in 2022:
- Hong Kong SAR (1142.0 kg)
- United Arab Emirates (112.0 kg)
- Maldives (55.0 kg)
- Bahrain (22.0 kg)
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