| Product Code: ETC8845541 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines hemp CBD import market saw a significant decline in growth from 2020 to 2024, with a negative CAGR of -37.96%. In 2024, top exporters to the Philippines were Italy, Spain, India, and Guatemala, showcasing a diverse range of sources. Despite the decrease in growth rate from 2023 to 2024 (-83.35%), the market maintained a high concentration with a high Herfindahl-Hirschman Index (HHI). This indicates a strong presence of key players dominating the hemp CBD import market in the Philippines.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Hemp CBD Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Hemp CBD Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Hemp CBD Market - Industry Life Cycle |
3.4 Philippines Hemp CBD Market - Porter's Five Forces |
3.5 Philippines Hemp CBD Market Revenues & Volume Share, By Sale Type, 2021 & 2031F |
3.6 Philippines Hemp CBD Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Hemp CBD Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and acceptance of CBD products for health and wellness purposes in the Philippines. |
4.2.2 Growing demand for natural and alternative remedies for various health conditions. |
4.2.3 Favorable government regulations and policies supporting the use and sale of hemp CBD products. |
4.3 Market Restraints |
4.3.1 Lack of clear regulations and standards for hemp CBD products in the Philippines. |
4.3.2 Limited availability of high-quality and reliable sources of hemp CBD. |
4.3.3 Cultural stigma and misconceptions surrounding the use of CBD products in the Philippines. |
5 Philippines Hemp CBD Market Trends |
6 Philippines Hemp CBD Market, By Types |
6.1 Philippines Hemp CBD Market, By Sale Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Hemp CBD Market Revenues & Volume, By Sale Type, 2021- 2031F |
6.1.3 Philippines Hemp CBD Market Revenues & Volume, By B2B, 2021- 2031F |
6.1.4 Philippines Hemp CBD Market Revenues & Volume, By B2C, 2021- 2031F |
6.2 Philippines Hemp CBD Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Philippines Hemp CBD Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.3 Philippines Hemp CBD Market Revenues & Volume, By Personal, 2021- 2031F |
6.2.4 Philippines Hemp CBD Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.5 Philippines Hemp CBD Market Revenues & Volume, By Wellness, 2021- 2031F |
7 Philippines Hemp CBD Market Import-Export Trade Statistics |
7.1 Philippines Hemp CBD Market Export to Major Countries |
7.2 Philippines Hemp CBD Market Imports from Major Countries |
8 Philippines Hemp CBD Market Key Performance Indicators |
8.1 Number of new hemp CBD product launches in the market. |
8.2 Consumer awareness and perception surveys on hemp CBD products. |
8.3 Number of partnerships and collaborations between local and international hemp CBD companies in the Philippines. |
8.4 Research and development investments in hemp CBD technology and innovation. |
8.5 Number of health and wellness stores carrying hemp CBD products in key cities. |
9 Philippines Hemp CBD Market - Opportunity Assessment |
9.1 Philippines Hemp CBD Market Opportunity Assessment, By Sale Type, 2021 & 2031F |
9.2 Philippines Hemp CBD Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Hemp CBD Market - Competitive Landscape |
10.1 Philippines Hemp CBD Market Revenue Share, By Companies, 2024 |
10.2 Philippines Hemp CBD Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here