Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in the Philippines - 2023
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines (CIF) - 2022
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines (FOB) - 2022
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines
- Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines (CIF) - 2022
In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,968 per ton, rising by 10% against the previous year. Over the period under review, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 53% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +18.6% per year.
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines (FOB) - 2022
The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $2,524 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Palau.
From 2021 to 2022, the rate of growth in terms of prices for Palau amounted to +152.4% per year.
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines
In 2022, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into the Philippines dropped dramatically to 31 kg, falling by -97.4% compared with 2021. Overall, imports recorded a precipitous curtailment. The smallest decline of -22.8% was in 2020.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia fell dramatically to $61 in 2022. Over the period under review, imports showed a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of $195K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 0.2 | N/A | 0.1 | -30.7% |
| Spain | 48.4 | 34.5 | 0.3 | N/A | -92.1% |
| China | 71.8 | 136 | 1.6 | N/A | -85.1% |
| United States | 6.4 | 8.7 | 0.1 | N/A | -87.5% |
| Italy | 34.5 | 10.9 | N/A | N/A | -68.4% |
| Others | 14.1 | 4.6 | 0.1 | N/A | -91.6% |
| Total | 175 | 195 | 2.1 | 0.1 | -91.7% |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to the Philippines in 2022:
- Germany (31.0 kg)
Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines
In 2022, the amount of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia exported from the Philippines plummeted to 410 kg, with a decrease of -50.1% compared with the year before. Overall, exports showed a significant decline.
In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia fell notably to $1K in 2022. Over the period under review, exports faced a dramatic shrinkage.
| Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Palau | N/A | 1.0 | 0% | ||
| United Kingdom | 2.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 2.1 | 1.0 | -52.4% | ||
Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from the Philippines in 2022:
- Palau (410.0 kg)
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