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Philippines - Fresh or Chilled Whole Chickens - Market Analysis, Forecast, Size, Trends and Insights
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Fresh Whole Chicken Market Size in the Philippines
In 2021, the Philippine fresh whole chicken market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption showed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.
Fresh Whole Chicken Production in the Philippines
In value terms, fresh whole chicken production expanded notably to $X in 2021 estimated in export price. In general, production posted a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 73%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.
Fresh Whole Chicken Exports
Exports from the Philippines
In 2021, the amount of fresh or chilled whole chickens exported from the Philippines stood at X tons, remaining relatively unchanged against the previous year's figure. Over the period under review, exports showed a mild contraction. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, fresh whole chicken exports amounted to $X in 2021. In general, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.
Exports by Country
Japan (X tons) was the main destination for fresh whole chicken exports from the Philippines, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Japan amounted to -1.2%.
From 2012 to 2021, the average annual growth rate of value to Japan was relatively modest.
Export Prices by Country
In 2021, the average fresh whole chicken export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a slight increase. The pace of growth was the most pronounced in 2016 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2021, the rate of growth in terms of prices for Japan amounted to +1.7% per year.
Fresh Whole Chicken Imports
Imports into the Philippines
Fresh whole chicken imports into the Philippines reduced to X tons in 2021, declining by -9.5% on the previous year. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2015 with an increase of 345%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.
In value terms, fresh whole chicken imports shrank to $X in 2021. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 561% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Australia (X tons) constituted the largest supplier of fresh whole chicken to the Philippines, with a 81% share of total imports. Moreover, fresh whole chicken imports from Australia exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 5.1% share.
From 2012 to 2021, the average annual growth rate of volume from Australia stood at -6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-18.9% per year) and Hong Kong SAR (-16.6% per year).
In value terms, Australia ($X) constituted the largest supplier of fresh or chilled whole chickens to the Philippines, comprising 74% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 14% share of total imports. It was followed by the Netherlands, with an 8.5% share.
From 2012 to 2021, the average annual growth rate of value from Australia stood at +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-12.2% per year) and the Netherlands (-16.4% per year).
Import Prices by Country
In 2021, the average fresh whole chicken import price amounted to $X per ton, stabilizing at the previous year. In general, the import price saw a resilient increase. The growth pace was the most rapid in 2017 an increase of 75%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+71.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fresh whole chicken 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 10121010 - Fresh or chilled whole chickens
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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