| Product Code: ETC8848910 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The plant-based oils import market in the Philippines continued to show strong growth in 2024, with Spain, China, Turkey, USA, and Brazil emerging as the top exporting countries. Despite a decrease in the Herfindahl-Hirschman Index (HHI) from very high concentration in 2023 to high concentration in 2024, the market remained competitive. The impressive compound annual growth rate (CAGR) of 23.01% from 2020 to 2024 reflects the increasing demand for plant-based oils in the Philippines. Moreover, the substantial growth rate of 53.17% from 2023 to 2024 indicates a significant acceleration in market expansion.

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 Plant-Based Oils Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Plant-Based Oils Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Plant-Based Oils Market - Industry Life Cycle |
3.4 Philippines Plant-Based Oils Market - Porter's Five Forces |
3.5 Philippines Plant-Based Oils Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Plant-Based Oils Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Plant-Based Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Plant-Based Oils Market Trends |
6 Philippines Plant-Based Oils Market, By Types |
6.1 Philippines Plant-Based Oils Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Plant-Based Oils Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Plant-Based Oils Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.1.4 Philippines Plant-Based Oils Market Revenues & Volume, By Palm Oil, 2021- 2031F |
6.1.5 Philippines Plant-Based Oils Market Revenues & Volume, By Cottonseed Oil, 2021- 2031F |
6.1.6 Philippines Plant-Based Oils Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.1.7 Philippines Plant-Based Oils Market Revenues & Volume, By Rapeseed Oil, 2021- 2031F |
6.1.8 Philippines Plant-Based Oils Market Revenues & Volume, By Coconut Oil, 2021- 2031F |
6.2 Philippines Plant-Based Oils Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Plant-Based Oils Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.3 Philippines Plant-Based Oils Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.4 Philippines Plant-Based Oils Market Revenues & Volume, By Biofuel, 2021- 2031F |
6.2.5 Philippines Plant-Based Oils Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.6 Philippines Plant-Based Oils Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Plant-Based Oils Market Import-Export Trade Statistics |
7.1 Philippines Plant-Based Oils Market Export to Major Countries |
7.2 Philippines Plant-Based Oils Market Imports from Major Countries |
8 Philippines Plant-Based Oils Market Key Performance Indicators |
9 Philippines Plant-Based Oils Market - Opportunity Assessment |
9.1 Philippines Plant-Based Oils Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Plant-Based Oils Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Plant-Based Oils Market - Competitive Landscape |
10.1 Philippines Plant-Based Oils Market Revenue Share, By Companies, 2024 |
10.2 Philippines Plant-Based Oils 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.
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