Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines - 2024

Contents:

  1. Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines (CIF) - 2022
  2. Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines (FOB) - 2022
  3. Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines
  4. Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines

Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines (CIF) - 2022

The average import price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen stood at $1,382 per ton in 2022, rising by 2.6% against the previous year. Overall, the import price recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 39%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,382 per ton), while the price for China ($1,382 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines (FOB) - 2022

The average export price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen stood at $1,118 per ton in 2022, dropping by -3.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 57%. The export price peaked at $2,051 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,118 per ton), while the average price for exports to Spain totaled $1,118 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines

In 2022, overseas purchases of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen were finally on the rise to reach 3.1K tons after two years of decline. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen skyrocketed to $4.3M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.82.62.54.113.6%
BelgiumN/A0.10.20.241.4%
South Korea0.10.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total2.92.82.74.314.0%

Top Suppliers of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen to the Philippines in 2022:

  1. China (2960.5 tons)
  2. Belgium (134.5 tons)
  3. South Korea (14.2 tons)

Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines

In 2022, exports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen from the Philippines contracted remarkably to 21 tons, with a decrease of -92.5% compared with 2021 figures. Overall, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 551%. As a result, the exports reached the peak of 284 tons, and then reduced dramatically in the following year.

In value terms, exports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen fell remarkably to $24K in 2022. In general, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 559%. As a result, the exports reached the peak of $328K, and then shrank significantly in the following year.

Export of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A19.60%
United States15.434.31264.2-35.2%
New ZealandN/AN/A21.9N/A0%
KuwaitN/AN/A16.7N/A0%
AustraliaN/A4.95.0N/A2.0%
Canada1565.1140N/A-5.3%
OthersN/A5.618.90.2-81.1%
Total17149.832823.9-48.1%

Top Export Markets for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen from the Philippines in 2022:

  1. Spain (17.5 tons)
  2. United States (3.7 tons)

Source: IndexBox Market Intelligence Platform

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