Earlier Report Observations
The market for maize bran, sharps and residues in the Philippines showed overall growth from 721 thousand tons in 2018 to 820 thousand tons in 2023. This upward trend was interrupted by a substantial market expansion in 2020, followed by a sharp contraction the following year.
Domestic production, which constitutes nearly the entire market, surged by 19% to 885 thousand tons in 2020. A 17% decline in output occurred in 2021, dropping the market to 732 thousand tons. The subsequent recovery saw production grow by 8% in 2022 and a further 4% in 2023.
Imports played a minimal role throughout the period, and exports were absent, making the market's size a direct reflection of domestic production volumes. The significant production swing between 2020 and 2021 was the primary driver behind the market's volatility.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in the Philippines
- 5.1.1. Annual dynamics of production in the Philippines in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in the Philippines in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in the Philippines
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to the Philippines in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to the Philippines by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to the Philippines in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to the Philippines by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from the Philippines in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from the Philippines by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from the Philippines in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from the Philippines by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production maize bran, sharps and residues in the Philippines
In kind, 2017-2020, K t
From 2017 to 2020, the Philippines ranked 7th globally in production volume of maize bran, sharps, and residues.
Top producers of maize bran, sharps and residues, 2017-2020
World map of production of maize bran, sharps and residues, 2017-2020
Maize bran, sharps, and residues production in the Philippines grew for the third consecutive year. In 2020, the country produced 885.1 K t, marking a 19.6% increase year-over-year. Over the 2017-2020 period, production rose by 51.2%, with a compound annual growth rate (CAGR) of 14.8%.
Annual dynamics of production in the Philippines in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 22.8% | 3.0% | 19.6% | 14.8% |
Exports maize bran, sharps and residues from the Philippines
Exports in kind, t
Annual dynamics of product's exports from the Philippines in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During 2017-2020, the export partner base for maize bran, sharps, and residues was extremely narrow, with Micronesia accounting for 100.0% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from the Philippines in kind, 2017-2020
Exports in value, K $ US
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 | n/a | n/a | n/a | - |
From 2017 to 2020, Micronesia served as the primary destination for Philippine exports of maize bran, sharps, and residues, consistently absorbing 100.0% of total exports in value terms.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from the Philippines in value, 2017-2020
Imports maize bran, sharps and residues to the Philippines
Imports in kind, t
The market showed an unstable trend throughout this period. Imports reached their lowest point in 2017 and peaked in 2019, with a 13.5-fold difference between these years. In 2020, cross-border shipments of maize bran, sharps, and residues to the Philippines totaled 5 863 t, reflecting a sharp 36.6% decrease compared to 2019. The maximum volume was recorded in 2019 at 9 252 t, with the largest increase of 280.8% also occurring that year.
Annual dynamics of product's imports to the Philippines in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 255.6% | 280.8% | (36.6%) | 104.7% |
Throughout 2017-2020, China was the main supplier of maize bran, sharps, and residues to the Philippines, accounting for 74.9% of total imports in kind, while other partners held relatively modest shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to the Philippines in kind, 2017-2020
Imports in value, K $ US
The data reveals irregular changes, indicating a volatile market environment. Imports hit their lowest point in 2017 and reached their maximum in 2019, with an 8-fold difference. In 2020, shipments of maize bran, sharps, and residues to the Philippines from abroad amounted to 3 166 K $ US, which is 19.0% lower than in 2019. The maximum value was recorded in 2019 at 3 909 K $ US, with the largest increase of 364.8% also occurring that year.
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 | 71.3% | 364.8% | (19.0%) | 86.1% |
Throughout 2017-2020, two countries—China and the United States—concentrated most of the imports in value terms for maize bran, sharps, and residues to the Philippines, while other markets were individually less significant.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to the Philippines in value, 2017-2020
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