Philippines - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSugar Beet Price in the Philippines - 2022
Contents:
- Sugar Beet Price in the Philippines (FOB) - 2022
- Sugar Beet Price in the Philippines (CIF) - 2022
- Sugar Beet Exports in the Philippines
- Sugar Beet Imports in the Philippines
Sugar Beet Price in the Philippines (FOB) - 2022
In 2022, the average sugar beet export price amounted to $436 per ton, with a decrease of -10.7% against the previous year. Overall, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 2.4%. The export price peaked at $1,249 per ton in 2014; however, from 2015 to 2022, 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 Denmark.
From 2014 to 2022, the rate of growth in terms of prices for Qatar amounted to -18.7% per year.
Sugar Beet Price in the Philippines (CIF) - 2022
In 2022, the average sugar beet import price amounted to $2,290 per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. Over the period under review, average import prices attained the maximum at $3,190 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($4,000 per ton), while the price for Brazil ($1,500 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+95.3%).
Sugar Beet Exports in the Philippines
In 2022, the amount of sugar beet exported from the Philippines expanded markedly to 12 tons, growing by 15% compared with 2021 figures. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, sugar beet exports expanded to $5.2K in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sugar Beet in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 190 | 0% |
| Kuwait | 389 | N/A | N/A | N/A | 0% |
| Others | 4,440 | 4,943 | 5,059 | 4,989 | 4.0% |
| Total | 4,829 | 4,943 | 5,059 | 5,179 | 2.4% |
Top Export Markets for Sugar Beet from the Philippines in 2022:
- Denmark (0.1 tons)
Sugar Beet Imports in the Philippines
In 2022, approx. 31 kg of sugar beet were imported into the Philippines; picking up by 63% against 2021. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 217% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, sugar beet imports surged to $71 in 2022. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of 187%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sugar Beet in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Mozambique | N/A | 13.0 | 0% | ||
| Brazil | N/A | 12.0 | 0% | ||
| Turkey | 43.0 | 4.0 | -90.7% | ||
| Others | N/A | 42.0 | 0% | ||
| Total | 43.0 | 71.0 | 65.1% | ||
Top Suppliers of Sugar Beet to the Philippines in 2022:
- Brazil (8.0 kg)
- Mozambique (4.0 kg)
- Turkey (1.0 kg)
This report provides an in-depth analysis of the sugar beet 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 157 - Sugar beet
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
2412
This report provides an in-depth analysis of the sugar beet market in the Philippines.
168
This report provides an in-depth analysis of the sugar crop market in the Philippines.
165
This report provides an in-depth analysis of the vegetable product market in the Philippines.
934
This report provides an in-depth analysis of the chicory market in the Philippines.
1115
This report provides an in-depth analysis of the sugar cane market in the Philippines.
706
This report provides an in-depth analysis of the carob market in the Philippines.
58
This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in the Philippines.
244
This report provides an in-depth analysis of the knitted track-suit market in the Philippines.
439
This report provides an in-depth analysis of the ethanal market in the Philippines.
344
This report provides an in-depth analysis of the beryllium market in the Philippines.
1137
Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.9%
6642
Global sugar beet consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
2323
In 2015, the countries with the highest levels of sugar beet production were France (X thousand tons), Germany (X thousand tons), Russia (X thousand tons), together accounting for X% of total output.
2221
The Netherlands dominates in the global sugar beet trade. In 2014, the Netherlands exported X thousand tons of sugar beet totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its tot
2475
Global chicory consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
3814
In 2015, the country with the largest volume of the chicory output was Belgium (X thousand tons), accounting for X% of global production.
1559
Despite somewhat disappointing export numbers in 2014, Italy continued to lead the way in the global chicory trade. In 2014, Italy exported X thousand tons of chicory totaling X million USD, X% under the previous year. Its primary trading partner w
3471
Global sugar cane consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
1871
In 2015, the country with the largest volume of the sugar cane output was Brazil (X thousand tons), accounting for X% of global production.
2318
Spain continued its dominance in the global sugar cane trade. In 2014, Spain exported X kt of sugar cane totaling $X, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total sugar cane exports in
