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There are no changes to rice and corn production and imports, nor wheat imports for MY 2023/24.
In 2022, the Philippine baking industry spent roughly $1.5 billion on ingredients, with 77 percent ($1.2 billion) imported. The United States supplied more than 55 percent or $845 million worth of ingredients, mostly wheat.
Post sees the food and beverage retail sector growing six percent more slowly than last year. Retail sales continue accelerating as chains open new outlets while enhancing their imports sections.
The effects of African Swine Fever (ASF) on feed demand may not be as severe as initially forecast, as the Philippine government's measures on the movement of hogs, pork products....
The United States is the Philippines’ largest supplier of agricultural products with a 28 percent market share.
Philippine ethanol production in 2019 is expected to increase to 320 million liters (ML) from 296 ML the previous year due to increased capacity utilization amidst declining sugarcane production....
The Philippine food service sector will continue its steady growth over the next three to five years, propelled by consumers’ stronger purchasing power, a larger middle class, higher urbanization....
After surging in MY2018/19, Philippine grain imports (wheat, corn and rice) will decline in MY2019/20 as the country returns to more normal weather conditions following last year’s El Niño....
Total raw sugar production in MY 2019/20 (December/November) will reach 2.1 million metric tons (MMT), unchanged from the previous year, with cane production expected to be about 22 MMT.
FAS Manila worked with JDR Sales and Marketing Group LLC (JDR), a company based in Granada Hills, California and the designated exporter to the Philippines of Huy Fong Foods Inc.....
A Philippine importer grew their business from two U.S. products (almonds and raisins) and two customers in 1995 to almost 30 products of dried fruits and nuts, and dehydrated potatoes....
The Philippine Department of Agriculture (DA) announced today that 14 out of the 20 samples submitted to the World Animal Health (OIE) Reference Laboratory for Swine Diseases in the United Kingdom....