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Philippines - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
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Whole Fresh Milk Market Size in the Philippines
The Philippine whole fresh milk market stood at $X in 2023, flattening at the previous year. In general, consumption, however, continues to indicate strong growth. Whole fresh milk consumption peaked in 2023 and is likely to continue growth in the immediate term.
Whole Fresh Milk Production in the Philippines
In value terms, whole fresh milk production fell modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2022 when the production volume increased by X%. As a result, production reached the peak level of $X, and then dropped modestly in the following year.
In 2023, the average whole fresh milk yield in the Philippines shrank to X tons per head, waning by X% on 2022. In general, the yield indicated a moderate increase from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, whole fresh milk yield increased by X% against 2012 indices. The growth pace was the most rapid in 2022 when the yield increased by X%. As a result, the yield attained the peak level of X tons per head, and then shrank in the following year.
In 2023, number of number of animals for whole fresh milk production in the Philippines stood at X heads, therefore, remained relatively stable against the previous year's figure. Over the period under review, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The number of animals for whole fresh milk production peaked at X heads in 2017; however, from 2018 to 2023, producing animals stood at a somewhat lower figure.
Whole Fresh Milk Exports
Exports from the Philippines
In 2023, the amount of whole fresh milk exported from the Philippines soared to X tons, increasing by X% on the previous year. Overall, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, whole fresh milk exports soared to $X in 2023. Over the period under review, exports, however, faced a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
The United Arab Emirates (X tons), Israel (X tons) and Kuwait (X tons) were the main destinations of whole fresh milk exports from the Philippines, with a combined X% share of total exports. Singapore, Qatar and Bahrain lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Qatar (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for whole fresh milk exported from the Philippines were the United Arab Emirates ($X), Israel ($X) and Kuwait ($X), with a combined X% share of total exports. Singapore, Qatar and Bahrain lagged somewhat behind, together accounting for a further X%.
In terms of the main countries of destination, Qatar, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average whole fresh milk export price stood at $X per ton in 2023, increasing by X% against the previous year. In general, the export price, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the countries with the highest prices were Bahrain ($X per ton) and the United Arab Emirates ($X per ton), while the average price for exports to Singapore ($X per ton) and Kuwait ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced a decline.
Whole Fresh Milk Imports
Imports into the Philippines
In 2023, approx. X tons of whole fresh milk were imported into the Philippines; with a decrease of X% compared with the previous year's figure. In general, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2022, and then declined slightly in the following year.
In value terms, whole fresh milk imports rose to $X in 2023. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked in 2023 and are expected to retain growth in the near future.
Imports by Country
New Zealand (X tons), Australia (X tons) and Germany (X tons) were the main suppliers of whole fresh milk imports to the Philippines, with a combined X% share of total imports. Poland, Denmark, Belgium, Slovenia, Uruguay, France, Thailand and Bangladesh lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, New Zealand ($X), Australia ($X) and Germany ($X) constituted the largest whole fresh milk suppliers to the Philippines, with a combined X% share of total imports. Poland, Denmark, Belgium, Slovenia, Uruguay, France, Thailand and Bangladesh lagged somewhat behind, together accounting for a further X%.
Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average whole fresh milk import price stood at $X per ton in 2023, increasing by X% against the previous year. In general, the import price, however, showed a mild reduction. The growth pace was the most rapid in 2022 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Slovenia ($X per ton) and Australia ($X per ton), while the price for Uruguay ($X per ton) and Thailand ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the whole fresh milk 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:
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
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, 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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