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Philippines - Dog And Cat Food - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dog and Cat Food in the Philippines - 2023
Contents:
- Price for Dog and Cat Food in the Philippines (CIF) - 2023
- Price for Dog and Cat Food in the Philippines (FOB) - 2022
- Imports of Dog and Cat Food in the Philippines
- Exports of Dog and Cat Food in the Philippines
Price for Dog and Cat Food in the Philippines (CIF) - 2023
The average dog and cat food import price stood at $1,258 per ton in June 2023, approximately mirroring the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 11% m-o-m. The import price peaked at $1,307 per ton in March 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($2,855 per ton), while the price for Malaysia ($582 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 France (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dog and Cat Food in the Philippines (FOB) - 2022
The average dog and cat food export price stood at $760 per ton in 2022, flattening at the previous year. Overall, the export price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2015 an increase of 43%. Over the period under review, the average export prices attained the peak figure at $1,733 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($4,889 per ton), while the average price for exports to Japan ($375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dog and Cat Food in the Philippines
In 2022, the amount of dog and cat food imported into the Philippines soared to 215K tons, increasing by 40% on the previous year's figure. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, dog and cat food imports skyrocketed to $246M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
Import of Dog and Cat Food in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 38.8 | 52.2 | 67.7 | 107 | 40.2% |
United States | 23.9 | 23.0 | 24.5 | 38.8 | 17.5% |
Australia | 17.0 | 16.6 | 22.9 | 36.3 | 28.8% |
Italy | 6.1 | 11.0 | 14.6 | 23.2 | 56.1% |
China | 1.4 | 8.3 | 7.2 | 10.8 | 97.6% |
Malaysia | 0.2 | 0.9 | 1.7 | 2.7 | 138.1% |
Brazil | 0.4 | 0.2 | 0.3 | 1.9 | 68.1% |
Others | 8.2 | 8.8 | 38.1 | 24.6 | 44.2% |
Total | 96.1 | 121 | 177 | 246 | 36.8% |
Top Suppliers of Dog and Cat Food to the Philippines in 2022:
- Thailand (75.8K tons)
- United States (57.1K tons)
- Australia (26.3K tons)
- Italy (18.1K tons)
- China (15.0K tons)
- Brazil (4.8K tons)
- Malaysia (4.6K tons)
Exports of Dog and Cat Food in the Philippines
After two years of decline, overseas shipments of dog and cat food increased by 379% to 12 tons in 2022. In general, exports, however, continue to indicate a dramatic contraction.
In value terms, dog and cat food exports skyrocketed to $8.8K in 2022. Overall, exports, however, faced a dramatic downturn.
Export of Dog and Cat Food in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.8 | 1.9 | 0.9 | 5.0 | -4.8% |
Japan | 2.5 | 0.7 | 0.3 | 1.4 | -17.6% |
Malaysia | 2.2 | 0.6 | 0.2 | 0.9 | -25.8% |
Taiwan (Chinese) | 0.5 | 0.2 | 0.1 | 0.4 | -7.2% |
Micronesia | 0.3 | 0.1 | N/A | 0.2 | -12.6% |
Timor-Leste | 1.3 | N/A | N/A | N/A | 0% |
United Kingdom | 15.3 | N/A | N/A | N/A | 0% |
Czech Republic | N/A | 11.7 | N/A | N/A | 0% |
United States | 1.5 | N/A | N/A | N/A | 0% |
Others | 3.7 | 0.7 | 0.4 | 0.9 | -37.6% |
Total | 33.1 | 15.8 | 1.9 | 8.8 | -35.7% |
Top Export Markets for Dog and Cat Food from the Philippines in 2022:
- China (6.9 tons)
- Japan (3.7 tons)
- Taiwan (Chinese) (0.3 tons)
- Micronesia (0.2 tons)
- Malaysia (0.2 tons)
This report provides an in-depth analysis of the market for dog and cat food 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 10921030 - Dog or cat food, p.r.s.
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.
-
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
-
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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