Bacon And Ham Market in the Philippines
The revenue of the bacon and ham market in the Philippines declined to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a noticeable expansion from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. Bacon and ham consumption peaked at $ in 2017; however, from 2018 to , consumption stood at a somewhat lower figure.