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Philippines - Roots and Tubers, nes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Market for Roots and Tubers, nes 2022
Market Size for Roots and Tubers, nes in the Philippines
The Philippine roots and tubers, nes market stood at $X in 2020, standing approx. at the previous year. Over the period under review, the total consumption indicated pronounced growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 when the market value increased by X% y-o-y. Roots and tubers, nes consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.
Production of Roots and Tubers, nes in the Philippines
In value terms, roots and tubers, nes production reached $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.
In 2020, the average yield of roots and tubers, nes in the Philippines totaled X tons per ha, approximately mirroring 2019 figures. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. The roots and tubers, nes yield peaked at X tons per ha in 2014; however, from 2015 to 2020, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2020, approx. X ha of roots and tubers, nes were harvested in the Philippines; flattening at the previous year's figure. In general, the harvested area, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to roots and tubers, nes production attained the maximum at X ha in 2010; however, from 2011 to 2020, the harvested area stood at a somewhat lower figure.
Exports of Roots and Tubers, nes
Exports from the Philippines
Roots and tubers, nes exports from the Philippines soared to X tons in 2020, rising by X% compared with the previous year. In general, exports saw a mild increase. Over the period under review, exports hit record highs at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.
In value terms, roots and tubers, nes exports soared to $X in 2020. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in the near future.
Exports by Country
The U.S. (X tons), Canada (X tons) and Qatar (X tons) were the main destinations of roots and tubers, nes exports from the Philippines, with a combined X% share of total exports. Australia, the Netherlands and the UK lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (+X% per year), while exports for the other leaders experienced more modest paces of growth.
In value terms, the U.S. ($X) remains the key foreign market for roots and tubers, nes exports from the Philippines, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Australia, 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: Canada (+X% per year) and Australia (+X% per year).
Export Prices by Country
The average roots and tubers, nes export price stood at $X per ton in 2020, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($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 Australia, while the prices for the other major destinations experienced mixed trend patterns.
Imports of Roots and Tubers, nes
Imports into the Philippines
In 2020, supplies from abroad of roots and tubers, nes increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.
In value terms, roots and tubers, nes imports reached $X in 2020. Overall, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.
Imports by Country
Vietnam (X tons) and China (X tons) were the main suppliers of roots and tubers, nes imports to the Philippines.
From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China.
In value terms, Vietnam ($X) constituted the largest supplier of roots and tubers, nes to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.
From 2007 to 2020, the average annual rate of growth in terms of value from Vietnam amounted to +X%.
Import Prices by Country
The average roots and tubers, nes import price stood at $X per ton in 2020, picking up by X% against the previous year. Over the period under review, import price indicated a moderate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, roots and tubers, nes import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Vietnam ($X per ton), while the price for China stood at $X per ton.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for roots and tubers, nes 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:
- FCL 137 - Yams
- FCL 136 - Taro (Cocoyam)
- FCL 135 - Yautia (Cocoyam)
- FCL 149 - Roots and tubers nes
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
-
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, HARVESTED AREA 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
- Area Harvested, 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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