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The Philippines imports 99 percent of its dairy requirement as domestic production cannot meet the annual demand of 2.9 million metric tons (MT) liquid milk equivalent, according to the National Dairy Authority (NDA).
Post maintains Marketing Year 2021/22 (September/August) sugar production at 2.1 million MT, 2 percent lower than the previous year.
Post expects the Philippine food service sector to shrink by a further 13 percent to $7.4 billion in 2021, following its 44 percent decline in 2020. With the spread of the Delta variant of COVID-19, people are hesitant to return to restaurants.
On February 14, 2019 President Rodrigo Duterte signed into law Republic Act (RA) No. 11203, which replaces rice import quantitative restrictions with tariffs. Implementing Rules and Regulations....
This report outlines Philippine government requirements for the importation of food and agricultural products.