Date Market Overview in the Philippines
The value of the date market in the Philippines declined rapidly to $ in 2018, 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). Overall, consumption continues to indicate a abrupt contraction. The growth pace was the most rapid in 2012 with an increase of % against the previous year. Over the period under review, the market reached the peak level at $ in 2013; however, from 2014 to 2018, consumption remained at a lower figure.