Mixed Juices Market Overview in the Philippines
In value terms, mixed juices production fell significantly to $ in 2019 estimated in export prices. In general, production, however, showed a mild slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by % year-to-year. Over the period under review, production reached the maximum level at $ in 2018, and then fell remarkably in the following year.
The value of the mixed juices market in the Philippines reduced to $ in 2019, dropping 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, consumption, however, saw a slight decrease. The pace of growth appeared the most rapid in 2014 when the market value increased by % year-to-year. Mixed juices consumption peaked at $ in 2018, and then shrank in the following year.