Market research

Groundnutoil-cake market in the Philippines

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Production of groundnut oil-cake in the Philippines began the period at 14 304 t in 2018, a level supported by robust demand for coconut products which benefited processors of oilseed residues. Output then contracted over the following two years, declining to 11 224 t by 2020.

A sustained recovery started in 2021 when strong global demand for coconut oil, with exports reaching a four-year high, stimulated the domestic processing sector and lifted oil-cake production to 13 171 t. The expansion accelerated sharply in 2022 as high worldwide vegetable oil prices encouraged greater crushing activity, pushing output to a peak of 17 205 t even as El Niño weather conditions reduced coconut yields.

In 2023, production moderated slightly to 15 883 t, with the ongoing effects of El Niño continuing to constrain agricultural supply, though the market remained supported by elevated international prices and regulatory efforts by the Philippine Coconut Authority to revitalize the industry.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in the Philippines
  1. 5.1.1. Annual dynamics of production in the Philippines in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in the Philippines in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from the Philippines in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from the Philippines by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from the Philippines in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from the Philippines by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to the Philippines in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to the Philippines by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to the Philippines in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to the Philippines by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production groundnutoil-cake in the Philippines

In kind, 2017-2020, t

Top producers of groundnutoil-cake, 2017-2020

Source: SHEV.io

World map of production of groundnutoil-cake, 2017-2020

Source: SHEV.io

Groundnut oil-cake production in the Philippines has declined for the third year in a row. In 2020, the country produced 11 224 tonnes, marking an 18.3% year-on-year drop. Looking at the period from 2017 to 2020, production fell by 22.2%, which translates to an average annual decrease of 8.0%.

Annual dynamics of production in the Philippines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.9%)	(4.0%)	(18.3%)	(8.0%)

Source: SHEV.io

Exports groundnutoil-cake from the Philippines

Exports in kind, t

In 2020, the Philippines exported 33 tonnes of groundnut oil-cake, a sharp contraction of 79.1% compared to the previous year. Over the 2017-2020 period, exports plummeted by 96.9%, with a compound annual growth rate (CAGR) of -68.5%.

Annual dynamics of product's exports from the Philippines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(79.1%)	n/a	n/a	(68.5%)

Source: SHEV.io

From 2017 to 2020, South Korea was the leading destination for exports in volume terms, accounting for 82.5% of total flows, while other markets made up the remainder.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from the Philippines in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

In 2020, cross-border shipments of groundnut oil-cake from the Philippines amounted to 26.2 thousand US dollars, representing a steep 72.8% decrease from the year before. Over the 2017-2020 period, exports declined by 86.9%, with a CAGR of -49.2%.

Annual dynamics of product's exports from the Philippines in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(72.8%)	n/a	n/a	(49.2%)

Source: SHEV.io

Between 2017 and 2020, South Korea was the primary destination for exports in value terms, making up 75.1% of total flows, while other markets formed a long tail of smaller partners.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from the Philippines in value, 2017-2020

Source: SHEV.io

Imports groundnutoil-cake to the Philippines

Imports in kind, t

Groundnut oil-cake imports into the Philippines have fallen for the third consecutive year. In 2020, imports totaled 0.5 tonnes, a 77.3% year-on-year contraction. From 2017 to 2020, imports dropped by 99.3%, equating to an average annual decline of 81.1%.

Annual dynamics of product's imports to the Philippines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(86.5%)	(78.0%)	(77.3%)	(81.1%)

Source: SHEV.io

Over the 2017-2020 period, the United States and Brazil were the main suppliers of groundnut oil-cake to the Philippines, together accounting for 96.3% of total imports in volume, with the rest spread across other countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to the Philippines in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Groundnut oil-cake imports into the Philippines have declined for the third year in a row. In 2020, imports amounted to 0.1 thousand US dollars, a sharp 98.0% year-on-year drop. Between 2017 and 2020, imports decreased by 99.9%, with an average annual rate of -89.0%.

Annual dynamics of product's imports to the Philippines in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(68.8%)	(79.4%)	(98.0%)	(89.0%)

Source: SHEV.io

Throughout 2017-2020, Brazil and the United States remained the principal sources for imports in value terms, jointly capturing 88.0% of total flows, while other partners each held significantly smaller shares.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to the Philippines in value, 2017-2020

Source: SHEV.io