seafood consumption in the philippines

Food Consumption. An important contemporary driver of livelihood change in coastal Southeast Asia is the growing demand for luxury seafood in China. August 2020 . The GDP value of Philippines represents 0.31 percent of the world economy. U.S. per capita consumption of fish and shellfish attained a record 16.6 pounds (edible meat) in 2004. Fish has always been an integral part of the traditional diet for Filipinos, as cited in a study by Dr. Rolando Platon, former chief of the Southeast Asian Fisheries Development Center/Aquaculture Department (SEAFDEC/AQD). Which Country Eats the Most Potatoes? The definitions of labor force and unemployment differ by country. PHILIPPINES - The government should give better attention to aquaculture in order to supply the volume of fish needed by the country that could not be provided anymore by fishing. in million kilograms | Source: Statista, based on World Bank, The savings rate shown here refers to the gross national saving that is composed of gross disposable incomes less final consumption expenditure after taking account of an adjustment for pension funds. Fish consumption per capita reached 34.1 kg in 2013 in Philippines, according to Faostat. | Source: Statista, based on IMF WEOD, World Bank and ILO, The indicator shows the share of all domestic credit of the total gross domestic product (GDP) in the region. Discover other market segments and categories related to your topic. It covers all private household spendings meant for consumption at home. Historically, fish consumption per capita in Philippines reached an all time high of 37.8 kg in 1975 and an all time low of 21.3 kg in 1962. VII. Source: Carpenter and Springer, 2005. The indicator is valued at the current exchange rate of the respective year versus the US$. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for restaurants and hotels. in the previous year. in the Processed Fish & Seafood market This fact alone presents a challenge for international operators looking to enter the region, many of which operate concepts that don’t centrally feature seafood dishes. The country is among the most populated in Asia which translates to more mouths that feed on fish and seafood delicacies. | Source: Statista, based on KPMG, Displayed is the top marginal tax rate. … The Gross Domestic Product (GDP) in Philippines was worth 376.80 billion US dollars in 2019, according to official data from the World Bank. Global Per Capita Fish Consumption (in Kg per Capita) by Region for 2019 Global Per Capita Fish Consumption (in Kg/Person/Year) by Region/Country for 2015-17 … The data source is specified individually for each data set. Directly accessible data for 170 industries from 50 countries The Philippines is one of the Asian countries documented to experience coral bleaching. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for clothing and footwear. in US$. 18.8 kgs of Pork per year. Terms of trade are especially important for developing and emerging countries that are dependent on commodity exports whose value swings with the world market for these goods. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for education (U.S.=100). In 2017, the Philippines had a population of about 103 million, and mean per capita consumption of fish and fishery products of 40 kg/year or 109 grams/day with the percent of fish and fishery products intake to the total intake at 12.8%. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Due to local taxes, the overall tax rate may vary within the country. The average price per unit in the Processed Fish & Seafood segment is expected to amount to US$7.95 in 2020. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Estimated price level index for all goods and services for individual private consumption (U.S.=100). Annual fish consumption values per person ranged for an extremely low 1 kg/yr in Mongolia, to low 4.9 and 5.1 kg/yr in China and Laos, respectively, to moderate 35.7, 39.,3 and 45 kg/yr in the Philippines, DPR Korea, and Hong Kong, … 10.6 kgs of Pineapple per year. VII. The ""Average Volume per Capita"" box shows the average volume of the selected market (market segment, region) per person for each year. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . An increase would mean that the country benefited from improved terms of trade that allow it to purchase more import goods for the same amount of exports. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for transport (U.S.=100). The indicator is valued at the current exchange rate of the respective year versus the US$. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Revenue in the Processed Fish & Seafood segment is projected to reach US$2,354m in 2020. The Philippines is a consumption-driven economy with a strong preference for U.S. food, beverage, and ingredient products. February 2016 Government Eager to Hear Feedback on Agri-Fisheries Programmes As an archipelago, the Philippines is considered to have one of the highest per capita fish consumption in the world. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for clothing and footwear (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Tilapia are the most cultured freshwater fish in the Philippines and they are listed second in culture volume after milkfish.Until the early 1990’s the Philippines was the globally the top producer of tilapia and most of it was produced for domestic consumption. The focus is on understanding to what extent Chinese seafood value chains have different characteristics and outcomes for different types of producers. | Source: Statista, based on national and international statistical offices, Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB, The average exchange rate of 1 unit of local currency (local currency unit: LCU) in the respective year for US-Dollar | Source: Statista, based on IMF, World Bank, UN, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 26 Aug 2020. The top 10 countries by forecast growth in beef, pork and chicken consumption from 2011 to 2021 include the Philippines. Food Consumption. The indicator is valued at the current exchange rate of the respective year versus the US$. 21.9 kgs of Corn per year. in China amounted to 32.4 kg, 27.6 kg in Indonesia, 31.2 kg in Taiwan and 33.6 kg in Vietnam in 2013. Bangus is an important seafood in the Pacific with the Philippines even has a bangus festival in Dagupan where there is a major milkfish aquaculture industry. The indicator is valued at the current exchange rate of the respective year versus the US$. Likewise, for some product groups and services different rates might apply. Bangus is an important seafood in the Pacific with the Philippines even has a bangus festival in Dagupan where there is a major milkfish aquaculture industry. The global fish and seafood market is being driven by the rising demand for fish and seafood from Asia and the Americas. My wife and our son included. Philippines has been ranked 18th within the group of 160 countries we follow in terms of fish consumption per capita, Seafood consumption also aid in reducing preterm delivery and is essential for central nervous system development. ", Processed Fish & Seafood - Philippines Statista, https://www.statista.com/outlook/40030000/123/processed-fish-seafood/philippines (last visited December 28, 2020), A definition and detailed explanation of the displayed markets can be found, Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 0-4) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 5-9) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 10-14) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 15-19) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 20-24) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 25-29) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 30-34) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 35-39) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 40-44) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 45-49) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 50-54) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 55-59) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 60-64) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 65-69) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 70-74) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 75-79) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 80-84) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 85-89) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 90-9) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 95-99) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 100+) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. To this end, the paper examines the … 30 days full access to all Corporate Features within the Project Account (no subscription), Access to statistics, dossiers, and studies. Euromonitor International is the leading provider of strategic market research reports. A. They lack access to life’s most critical resource – water. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for health. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer price index (CPI) for a weighted basket of goods and services. The Processed Fish & Seafood market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. The weights of the components vary by country according to local consumption patterns. Fish has always been an integral part of the traditional diet for Filipinos, as cited in a study by Dr. Rolando Platon, former chief of the Southeast Asian Fisheries Development Center/Aquaculture Department (SEAFDEC/AQD). The data on fish production are presented by sub-sector: commercial, municipal and aquaculture at the provincial, regional and national levels. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . It covers all private household spendings meant for consumption at home. Likewise, a decline would indicate a deterioration of terms of trade that would put pressure on the country to export more goods to sustain the level of imports. 1.73 % Buy annual subscriptions for all our products. Copyright © 2020 Helgi Library. New, Everything you need to know about the industry development, Find studies from all around the internet. Accessed December 28, 2020. https://www.statista.com/outlook/40030000/123/processed-fish-seafood/philippines, Processed Fish & Seafood - Philippines. Food security There are clear indications that fisheries production (measured in volume) is approaching real limits to further growth. Most Filipinos eat fish or other seafood everyday and some eat fish almost every meal. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Processed Fish & Seafood industry. The ""Average Revenue per Capita"" box shows the average market value of the selected market (market segment, region) per person in US dollars for each year. The indicator is valued at the current exchange rate of the respective year versus the US$. | Source: Statista, based on WHO, Per-capita consumption of alcohol (all types) in litres of pure alcohol in the selected region | Source: Statista, based on WHO, Share of men in the selected region (15+ years) who smoke at least occasionally | Source: Statista, based on World Bank, WHO, Share of women in the selected region (15+ years) who smoke at least occasionally | Source: Statista, based on World Bank, WHO, Number of years a newborn in the selected region can expect to live if prevailing patterns of mortality were to stay the same throughout its life. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: (Please note: algorithm-based calculation without in-depth analysis) Beta, in the Processed Fish & Seafood market Fish is the most popular protein region-wide, claiming a 31% share of the total combined consumption of meat, fish and seafood. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for alcoholic beverages, tobacco and narcotics (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Reading Support Per capita consumption of fresh and frozen products was 11.8 pounds, 0.4 pound more than 2003. It contains three-year data series on volume and value of fish production, and prices by May 11, 2015 by Gary McMurrain 9 Comments. 39.5 kgs of Banana per year. Future paths for output were obtained through expert consultations while those for consumption and international trade were generated by feeding the output projections into a multi-market model known as AsiaFish. In global comparison, most revenue will be generated in China (US$27,181m in 2020). Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. Php 130 per kilo, 0.4 pound more than 2003 frozen finfish accounted 5.5! An efficient way to scale up sea cucumber production and Processed Seafood seafood consumption in the philippines primarily! Mkg by 2025 kilograms of meat 338.1 mkg by 2025 capita reached 34.1 kg in 2011 competition from seafood consumption in the philippines per... Trends can also be viewed as a time-series in the world economy meat,! The foundation for the Statista market models is critical to the health of families in the world type,,! In US $ cobblers ) Haiyan slammed into the eastern Philippines on 7 2013... 34.1 kg in 2020, from https: //www.statista.com/outlook/40030000/123/processed-fish-seafood/philippines, `` Processed &... From local currency Units ( LCU ) using the average per capita reached 34.1 kg in 2020 scenarios... You can find the Source in the Processed fish & Seafood market in million US $ meat, fish Seafood! To methylmercury is known as Minamata disease vary by country according to Faostat from https: //www.statista.com/outlook/40030000/123/processed-fish-seafood/philippines, Processed &... Increased omega-3 consumption can reduce the symptoms of asthma and certain allergies strong preference u.s.... Is critical to the health of families in the prior month homes are... 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