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Philippines - Frozen Salmonoids - Market Analysis, Forecast, Size, Trends and Insights
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Frozen Salmonoids Market Size in the Philippines
For the sixth year in a row, the Philippine frozen salmonoids market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption saw a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Frozen salmonoids consumption peaked in 2020 and is expected to retain growth in years to come.
Frozen Salmonoids Production in the Philippines
In value terms, frozen salmonoids production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Frozen salmonoids production peaked in 2020 and is likely to see gradual growth in the near future.
Frozen Salmonoids Exports
Exports from the Philippines
For the fifth year in a row, the Philippines recorded growth in shipments abroad of frozen salmonoids, which increased by X% to X tons in 2020. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the near future.
In value terms, frozen salmonoids exports totaled $X in 2020. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked in 2020 and are expected to retain growth in years to come.
Exports by Country
Australia (X tons), the U.S. (X tons) and the UK (X tons) were the main destinations of frozen salmonoids exports from the Philippines, together comprising X% of total exports.
From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (+X% per year), while exports for the other leaders experienced more modest paces of growth.
In value terms, the U.S. ($X) remains the key foreign market for frozen salmonoids exports from the Philippines, comprising X% of total exports. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports. It was followed by the UK, with a X% share.
From 2007 to 2020, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and the UK (+X% per year).
Export Prices by Country
The average frozen salmonoids export price stood at $X per ton in 2020, waning by -X% against the previous year. In general, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the U.S. ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced a decline.
Frozen Salmonoids Imports
Imports into the Philippines
In 2020, purchases abroad of frozen salmonoids decreased by -X% to X tons, falling for the third year in a row after three years of growth. Overall, imports saw a pronounced setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2020, imports failed to regain the momentum.
In value terms, frozen salmonoids imports shrank to $X in 2020. In general, imports showed a noticeable increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.
Imports by Country
In 2020, Japan (X tons) constituted the largest supplier of frozen salmonoids to the Philippines, with a X% share of total imports. Moreover, frozen salmonoids imports from Japan exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Indonesia (X tons) ranked third in terms of total imports with a X% share.
From 2007 to 2020, the average annual growth rate of volume from Japan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Indonesia (+X% per year).
In value terms, Japan ($X) constituted the largest supplier of frozen salmonoids to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
From 2007 to 2020, the average annual growth rate of value from Japan amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Germany (+X% per year).
Import Prices by Country
In 2020, the average frozen salmonoids import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price showed a strong expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen salmonoids 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 2025.
Product coverage:
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
- 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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