Garlic Market Overview in the Philippines
In value terms, garlic production surged to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, production attained the maximum level at $ in 2015; however, from 2016 to 2019, production failed to regain the momentum.
In 2019, the average yield of garlic in the Philippines reduced to tonnes per ha, remaining constant against the previous year. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the yield increased by % year-to-year. As a result, the yield attained the peak level of tonnes per ha. From 2016 to 2019, the growth of the average garlic yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The garlic harvested area in the Philippines shrank to ha in 2019, waning by -% on 2018. Over the period under review, the harvested area saw a noticeable setback. The most prominent rate of growth was recorded in 2015 when the harvested area increased by % year-to-year. Over the period under review, the harvested area dedicated to garlic production attained the maximum at ha in 2007; however, from 2008 to 2019, the harvested area failed to regain the momentum.
The revenue of the garlic market in the Philippines shrank sharply to $ in 2019, reducing 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). Over the period under review, consumption recorded a deep downturn. The growth pace was the most rapid in 2010 when the market value increased by % y-o-y. As a result, consumption attained the peak level of $. From 2011 to 2019, the growth of the market remained at a lower figure.