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PHILIPPINES: COCONUT EXPORT TECHNOLOGY NEWS

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Preliminary UCAP data show coconut products export in April 2010 more than tripled year-ago figure. Total at 231,978 MT in copra terms exhibited an exponential growth of 250.4% year-on-year from 66, 201 MT. However, volume slightly declined by 2.8% from the unofficial March data at 238,585 MT.

Export of coconut oil leapfrogged by 300.6% to 128,510 MT from merely 32,080 MT in the some month last year helped by improved demand from consumers abroad and lower coconut oil price compared to palm kernel oil. Copra meal export shot up by 54.5% to 54,808 MT from 35, 474 MT. Export of desiccated coconut rose slightly by 2.1% to 9,607 MT from 9,414 MT last year. Foreign trade of desiccated coconut has seen continuously increasing volume since January this year. Estimated oleochemical export at 13,141 MT in copra term rose by more than 17-fold when compared with last year at 726 MT.

January – April export this year at 853,015 MT in copra terms clipped last year data at 289,725 MT by a massive 194.4%. Breakdown is as follows, in MT: coconut oil 481,518 (137,474 year-ago), copra meal 279,186 (68,507 year-ago), desiccated coconut 35,248 (41,320), oleochemicals in copra terms 34,159 (7,629), copra 46 (nil). (UCAP Bulletin)

Source: APCC Cocommunity Newsletter

 

 

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Featured Links

BIMP-EAGA North Sulawesi
Brunei Indonesia Malaysia Phillipine East Asia Growth Area North Sulawesi
KAPET Manado Bitung
Integrated Economic Development Zone Manado Bitung
Asian and Pacific Coconut Community (APCC)
An intergovernmental organization of 15 major coconut producing countries accounting for over 90% of world coconut production and exports of coconut products.

Contact

Executive Secretary, BIMP-EAGA North Sulawesi Secretariat
Manado, North Sulawesi Indonesia
+62(431)847212
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The Coconut Market Information Center (CMIC) is a new online service that is dedicated to providing information and other resources to the Coconut sector in North Sulawesi, with the main goal of enhancing production and market potential.