Philippines - Grape Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Grape Juice (Single Strength) in the Philippines - 2023
Contents:
- Price for Grape Juice (Single Strength) in the Philippines (CIF) - 2022
- Price for Grape Juice (Single Strength) in the Philippines (FOB) - 2022
- Imports of Grape Juice (Single Strength) in the Philippines
- Exports of Grape Juice (Single Strength) in the Philippines
Price for Grape Juice (Single Strength) in the Philippines (CIF) - 2022
In 2022, the average grape juice (single strength) import price amounted to $1,644 per ton, picking up by 16% against the previous year. In general, the import price posted a strong expansion. The growth pace was the most rapid in 2018 when the average import price increased by 74%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,540 per ton), while the price for Turkey ($577 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grape Juice (Single Strength) in the Philippines (FOB) - 2022
The average grape juice (single strength) export price stood at $832 per ton in 2022, rising by 6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 33% against the previous year. As a result, the export price attained the peak level of $1,053 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($1,060 per ton), while the average price for exports to Malaysia ($663 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.9%), while the prices for the other major destinations experienced a decline.
Imports of Grape Juice (Single Strength) in the Philippines
In 2022, the amount of grape juice (single strength) imported into the Philippines skyrocketed to 238 tons, increasing by 133% on the previous year. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 497%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, grape juice (single strength) imports surged to $392K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 511% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Grape Juice (Single Strength) in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 4.3 | 0.2 | 15.1 | 206 | 263.2% |
United States | 93.2 | 20.5 | 22.2 | 181 | 24.8% |
Turkey | 0.1 | N/A | 0.1 | 4.4 | 253.0% |
Cyprus | 2.3 | 0.7 | 7.4 | N/A | 79.4% |
South Africa | 4.0 | 1.5 | 32.3 | N/A | 184.2% |
Italy | 6.6 | 0.4 | 8.2 | N/A | 11.5% |
Others | 1.2 | 0.4 | 59.6 | 0.6 | -20.6% |
Total | 112 | 23.7 | 145 | 392 | 51.8% |
Top Suppliers of Grape Juice (Single Strength) to the Philippines in 2022:
- United States (149.3 tons)
- Spain (81.2 tons)
- Turkey (7.7 tons)
Exports of Grape Juice (Single Strength) in the Philippines
Grape juice (single strength) exports from the Philippines contracted to 3.9 tons in 2022, approximately mirroring the previous year. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 2.5% against the previous year.
In value terms, grape juice (single strength) exports rose modestly to $3.3K in 2022. In general, exports showed a abrupt slump.
Export of Grape Juice (Single Strength) in the Philippines (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 1,794 | 1,149 | 591 | 1,180 | -13.0% |
Malaysia | 1,769 | 1,300 | 884 | 945 | -18.9% |
Brunei Darussalam | 995 | 852 | 675 | 841 | -5.5% |
New Zealand | 26.0 | 41.0 | 60.0 | 91.0 | 51.8% |
Mongolia | N/A | N/A | 849 | N/A | 0% |
Others | 98.0 | 91.0 | 79.0 | 229 | 32.7% |
Total | 4,682 | 3,433 | 3,138 | 3,286 | -11.1% |
Top Export Markets for Grape Juice (Single Strength) from the Philippines in 2022:
- United Arab Emirates (1584.0 kg)
- Malaysia (1425.0 kg)
- Brunei Darussalam (793.0 kg)
- New Zealand (97.0 kg)
This report provides an in-depth analysis of the market for grape juice (single strength) 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 562 - Juice of Grape
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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