Philippines - Dried Grapes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Dried Grapes - Market Analysis, Forecast, Size, Trends And Insights

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Dried Grapes Price in the Philippines - 2023

Contents:

  1. Dried Grapes Price in the Philippines (CIF) - 2022
  2. Dried Grapes Price in the Philippines (FOB) - 2022
  3. Dried Grapes Imports in the Philippines
  4. Dried Grapes Exports in the Philippines

Dried Grapes Price in the Philippines (CIF) - 2022

The average dried grapes import price stood at $2,007 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried grapes import price decreased by -18.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. As a result, import price attained the peak level of $2,465 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,007 per ton), while the price for China ($2,007 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Dried Grapes Price in the Philippines (FOB) - 2022

The average dried grapes export price stood at $2,045 per ton in 2022, which is down by -14.1% against the previous year. In general, the export price, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2014 an increase of 599% against the previous year. Over the period under review, the average export prices hit record highs at $8,393 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($2,045 per ton) and Hong Kong SAR ($2,045 per ton), while the average price for exports to Qatar ($2,044 per ton) and Bahrain ($2,045 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+47.9%), while the prices for the other major destinations experienced a decline.

Dried Grapes Imports in the Philippines

In 2022, approx. 7.1K tons of dried grapes were imported into the Philippines; increasing by 16% on 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, dried grapes imports skyrocketed to $14M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Dried Grapes in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.09.010.912.68.0%
India0.10.20.50.9108.0%
China1.31.00.60.3-38.7%
Others0.60.10.20.4-12.6%
Total12.010.212.214.36.0%

Top Suppliers of Dried Grapes to the Philippines in 2022:

  1. United States (6.3K tons)
  2. India (0.4K tons)
  3. China (0.2K tons)

Dried Grapes Exports in the Philippines

For the fourth consecutive year, the Philippines recorded growth in shipments abroad of dried grapes, which increased by 16% to 32 tons in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 6,410%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, dried grapes exports declined to $66K in 2022. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 6,632% against the previous year.

Export of Dried Grapes in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.18.649.254.4716.3%
Hong Kong SARN/AN/A2.75.8114.8%
QatarN/AN/A5.12.8-45.1%
BahrainN/A0.22.22.7267.4%
KuwaitN/AN/A2.3N/A0%
SwedenN/AN/A4.4N/A0%
OthersN/A0.1N/AN/A0%
Total0.19.065.865.7769.3%

Top Export Markets for Dried Grapes from the Philippines in 2022:

  1. United Arab Emirates (26.6 tons)
  2. Hong Kong SAR (2.8 tons)
  3. Qatar (1.4 tons)
  4. Bahrain (1.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried grapes 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 561 - Raisins

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
South Africa Boosts Dried Grape Sales Abroad
Aug 12, 2021
Eye 909

Last year, global dried grapes exports declined by -8.9% y-o-y to 766K tons or $1.6B in value terms. South Africa intensively increased its supplies to other counties by +37%, while Turkey, the largest exporter of dried grapes, saw a drop of -3.2% y-o-y in the volume of exports. Germany, the UK and Canada remain the largest importers of dried grapes from South Africa.

Global Dried Grapes Market 2019 - the UK is the Leading Import Market
Sep 4, 2019
Eye 1507

The UK (99K tons), Germany (77K tons) and the Netherlands (55K tons) represented roughly 31% of total imports of dried grapes.

Exploring the Top Import Markets for Grapes Worldwide
Mar 14, 2024
Eye 149

Discover the top import markets for grapes, including the United States, Netherlands, Germany, and more. Learn about the key statistics and trends in the global grape market.

Robust Increase in Chinese Exports Buoys Global Grape Market
Apr 14, 2021
Eye 1414

Increased grape production in China buoyed the global market against a fall in the grape crop in India, the EU and Russia, which enables the global production in 2020 to remain consistent with 2019 data. The export potential of Chinese and Australian grapes has improved due to the progress achieved in cultivation methods and the use of particularly fertile varieties of grape. 

Global Grape Market 2019 - China Emerges as the Largest Consumer, with the Highest Growth Rate over the Last Decade
Aug 29, 2019
Eye 2864

China recorded the highest growth rate of grape market, in terms of the main consuming countries over the last decade....

Which Country Consumes the Most Grapes in the World?
Feb 9, 2018
Eye 5106

Global grape consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.

Which Country Exports the Most Grapes in the World?
Feb 1, 2018
Eye 1204

Global grape exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Which Country Imports the Most Grapes in the World?
Jan 25, 2018
Eye 4190

Global grape imports amounted to X thousand tons in 2015, surging by +X% against the previous year level.

Which Country Produces the Most Grapes in the World?
Oct 26, 2017
Eye 2561

In 2015, the countries with the highest levels of grape production were China (X thousand tons), the United States (X thousand tons), Italy (X thousand tons), together accounting for X% of total output.

Grape Market - Chile Is the World’s Leading Grape Exporter
Sep 23, 2015
Eye 1390

Chile continued its dominance in the global grape trade. In 2014, Chile exported X thousand tons of grape totaling X USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total grape exports in

Free Data: Dried Grapes - Philippines