Import market for RBD Palm Oil in Philippines
You are currently viewing 6월 2022 data.
Import market for RBD Palm Oil in Philippines (6월, 2022)
Analyze import volumes, pricing trends, and supplier performance to uncover critical insights into market dynamics and growth opportunities for RBD Palm Oil in Philippines. We also examine the roles of various stakeholders and how market conditions influence your business.
Market events
(6월 2022)
Market events
2022년 6월 14일
In May, Malaysia's palm oil production remained steady at 1.46 million tons, marking a decrease from the previous year and hitting a six-year low for May due to labor shortages and plantation losses. Despite these production challenges, exports of the product surged to 1.36 million tons, driven by an export ban from Indonesia, with the majority of the exports headed to India, the EU, Turkey, Kenya, China, and the Philippines. Malaysia's palm oil stocks also saw a decrease, falling to 1.52 million tons in May from 1.64 million tons in April.
Import volumes of RBD Palm Oil in Philippines by company (6월 2022)
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Trade volume data for the top 10 importing companies based on the transaction information reported on Bill of Lading (B/L) documents and through customs (Maximum data collection period: from 2021-12-31 to 2022-06-30).
Export values of HS Code 151190 to Philippines by country (6월 2022)
Trade price data for the top 10 exporting countries based on HS Code: 151190, derived from UN Comtrade and each country’s official Customs database.
Countries competing with Philippines for imports for HS Code 151190 (6월 2022)
Rank of competitive importing countries by trade value. The values are the sums of imports from countries trading with Philippines, not the total import values per country.
* Philippines’s trade value is 55,915,586 USD.
1st
China
4,110,381,784 USD
2nd
Pakistan
1,989,041,375 USD
3rd
United States
1,032,654,531 USD
4th
Egypt
798,964,422 USD
5th
Russia
755,208,362 USD
6th
Vietnam
694,400,606 USD
7th
Myanmar [Burma]
642,705,706 USD
8th
Italy
583,323,277 USD
9th
Japan
546,265,627 USD
10th
Turkiye
500,432,866 USD
Exporters
Importers
Trade price data for the top 10 competing importing countries based on HS Code: 151190, derived from UN Comtrade and each country’s official Customs database.
Representative domestic price trend for RBD Palm Oil category in Philippines (6월 2022)
Change rate for the previous 4 weeks
2022-05-23 - 2022-06-26
+8.77%
Change rate for the previous 12 weeks
2022-03-28 - 2022-06-26
-6.6%
Avg price
2021-06-21 - 2022-06-26
7 PHP/1 kg
Avg price of previous year
2020-06-22 - 2021-06-27
4.15 PHP/1 kg
Highest YoY change rate
2021-12-06 - 2021-12-12
+79.48%
Lowest YoY change rate
2021-04-26 - 2021-05-02
+40%
Domestic price data for selected attributes among domestic prices sourced globally by Tridge (Maximum data collection period: from 2021-12-31 to 2022-06-30).
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