Philippines - Maize Bran - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Maize Bran Market 2024
Maize Bran Market Size in the Philippines
The Philippine maize bran market amounted to less than $X in 2023, approximately reflecting the previous year. In general, consumption showed a significant expansion. The pace of growth was the most pronounced in 2020 with a decrease of X%. Maize bran consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.
Maize Bran Production in the Philippines
In value terms, maize bran production expanded to $X in 2023 estimated in export price. Over the period under review, production enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
Maize Bran Exports
Exports from the Philippines
In 2019, the amount of maize bran exported from the Philippines totaled X kg, leveling off at the year before. Over the period under review, exports showed a precipitous slump. The smallest decline of X% was in 2014. The exports peaked at X tons in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.
In value terms, maize bran exports amounted to $X in 2019. Overall, exports showed a precipitous setback. The smallest decline of X% was in 2014. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2019, the exports failed to regain momentum.
Exports by Country
Taiwan (Chinese) (X kg) was the main destination for maize bran exports from the Philippines, with a X% share of total exports. Moreover, maize bran exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, Micronesia (X kg), sevenfold.
From 2013 to 2019, the average annual rate of growth in terms of volume to Taiwan (Chinese) amounted to X%.
From 2013 to 2019, the average annual rate of growth in terms of value to Taiwan (Chinese) totaled X%.
Export Prices by Country
In 2019, the average maize bran export price amounted to $X per ton, approximately equating the previous year. Overall, the export price saw a significant expansion. The pace of growth was the most pronounced in 2014 a decrease of X% against the previous year. The export price peaked in 2019 and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2019, amid the top suppliers, the country with the highest price was Micronesia ($X per ton), while the average price for exports to Taiwan (Chinese) totaled $X per ton.
From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%).
Maize Bran Imports
Imports into the Philippines
In 2023, overseas purchases of maize bran were finally on the rise to reach X tons after three years of decline. Overall, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, maize bran imports surged to $X in 2023. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports failed to regain momentum.
Imports by Country
Nigeria (X tons), the United States (X tons) and China (X tons) were the main suppliers of maize bran imports to the Philippines, together accounting for X% of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced a decline.
In value terms, the United States ($X), Nigeria ($X) and South Korea ($X) constituted the largest maize bran suppliers to the Philippines, with a combined X% share of total imports.
Among the main suppliers, the United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2023, the average maize bran import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price, however, saw modest growth. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2022, and then shrank slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (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 maize bran 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:
- Prodcom 10614010 - Bran, sharps and other residues from the sifting, milling or other working of maize (corn)
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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