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Following the signing of Republic Act (RA) 11524, February 26, 2021, then President Rodrigo R. Duterte signed Executive Order (EO) 172, Series of 2022, on June 2, 2022, approving the Coconut Farmers and Industry Development Plan. This paves the way for the use of the PHP75 billion ($1.4) fund to rehabilitate the coconut industry.
Post sees Philippine biofuels consumption partially recovering in 2022 due to economic growth, as fuel ethanol demand grows 13 percent to 660 million liters and biodiesel increases 31 percent to 250 million liters with the projected movement from B2 to B5 blend and the fuel pool increases as forecast. Ethanol production is almost flat with one percent growth to 360 million liters.
This report contains a table comparing the various validity periods and key conditions applicable to SPS Import Clearances (SPSIC) relevant to plant, animal, and fishery products under the oversight of the Philippines Department of Agriculture.
The convenience provided by deli shops combined with the popularity of online platforms facilitated increased home consumption of imported premium products, especially U.S. beef, during the pandemic. As the country rolls back pandemic mobility restrictions, deli stores supplying to individuals, restaurants, hotels, and events should experience continued sales increases, recovering to pre-pandemic level in 2023.
The easing of pandemic mobility restrictions and the recent national elections boosted food and beverage retail sales. Though the sector failed to sustain growth last year, key retail companies remain confident about growing the market in 2022.
On June 25, 2022, the Philippine Department of Agriculture (DA) Bureau of Animal Industry (BAI) informed domestic stakeholders at a consultative meeting that it will be enforcing BAI Memorandum Circular No. 26 (MC26), dated August 11, 2021.
FAS Manila worked with Blue Diamond Growers (BDG) of California to connect with a new importer and build a bigger market for U.S. almonds in the Philippines.
Producing less than one percent of its growing dairy requirement of 1.886 MMT in 2014, the Philippines continues to be a major global importer of dairy products, especially milk powder.
The Philippines has for years mandated biodiesel and ethanol blending in local petroleum diesel fuel and gasoline.
The Philippines is the 8th largest sugarcane producer and the third largest U.S. sugar tariff rate quota recipient.
In June 2013, the Philippine Department of Agriculture formally allowed the importation of U.S. fresh table stock potatoes for consumption.