Philippines: Leek Market 2024

Leek Market Size in the Philippines

In 2023, the Philippine leek market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Overall, consumption continues to indicate a deep downturn. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2023, consumption failed to regain momentum.

Leek Production in the Philippines

In value terms, leek production rose to $X in 2023 estimated in export price. Overall, production, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

The average yield of leeks and other alliaceous vegetables in the Philippines contracted modestly to X tons per ha in 2023, remaining constant against 2022. In general, the yield recorded a perceptible downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the average leek yield attained the maximum level at X tons per ha in 2014; however, from 2015 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The leek harvested area in the Philippines contracted to X ha in 2023, almost unchanged from 2022 figures. Over the period under review, the harvested area continues to indicate a abrupt decrease. The growth pace was the most rapid in 2022 when the harvested area increased by X%. The leek harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area failed to regain momentum.

Leek Exports

Exports from the Philippines

In 2019, the amount of leeks and other alliaceous vegetables exported from the Philippines was estimated at X kg, leveling off at 2018. In general, exports saw a deep slump. The smallest decline of X% was in 2018. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2019, the exports remained at a lower figure.

In value terms, leek exports stood at $X in 2019. Over the period under review, exports showed strong growth. The smallest decline of X% was in 2018. The exports peaked at $X in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

Exports by Country

Qatar (X kg) was the main destination for leek exports from the Philippines, with a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Qatar totaled X%.

From 2012 to 2019, the average annual rate of growth in terms of value to Qatar stood at X%.

Export Prices by Country

The average leek export price stood at $X per ton in 2019, remaining stable against the previous year. In general, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when the average export price decreased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2019, the rate of growth in terms of prices for Qatar amounted to X% per year.

Leek Imports

Imports into the Philippines

In 2022, purchases abroad of leeks and other alliaceous vegetables decreased by X% to X kg, falling for the third year in a row after three years of growth. Overall, imports recorded a significant contraction. The growth pace was the most rapid in 2019 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, leek imports reduced markedly to $X in 2022. Over the period under review, imports faced a significant decrease. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X kg) constituted the largest leek supplier to the Philippines, accounting for a X% share of total imports. Moreover, leek imports from China exceeded the figures recorded by the second-largest supplier, Australia (X kg), more than tenfold. The third position in this ranking was taken by the United States (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of leeks and other alliaceous vegetables to the Philippines, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average leek import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, showed a significant increase. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform