Browse Data and Analysis

The Philippines’ rapidly expanding production of processed foods and beverages (f&b) presents robust opportunities for U.S. exporters of agricultural raw materials and high value ingredients.

Total wheat consumption surged in MY 14/15, and is expected to continue growing in MY 15/16 due to the robust economy, growing Philippine population and strong feed demand from the livestock sector.

The Cochran Fellowship Program offered Cold Chain Management training to Filipino participants. Long term followup found that cold chain capacity and purchase of U.S. goods have expanded.

U.S. ethanol exports rebounded in 2014, with value and volume both up approximately 35 percent from the previous year, although still below the record set in 2011.

The Philippines is the second largest market for U.S. soybean meal (SBM) and the world’s largest coconut oil (CNO) exporter.

Sugar production, trade and domestic prices are largely governed by the Sugar Regulatory Administration (SRA), a government agency under the Philippine Department of Agriculture.

U.S. food and beverage (f&b) exports to the Philippines grew 11 percent in 2014 and reached a record $1.1 billion.

Wheat imports are forecast to reach 3.95 million tons in MY14/15 and to slightly over 4 million tons in MY15/16 due to strong demand as a result of shifting diets of the Philippine middle class.

U.S. exports of corn-based products have experienced rapid growth in the past decade, reaching a value of $7.6 billion in fiscal year 2014, up 16 percent from the previous year.

The U.S. continues to be the Philippines’ number one supplier of agricultural products, and the Philippines is its 9th largest market in the world.

This report outlines Philippine government requirements for the importation of food and agricultural products.

The Philippines’ food service industry continues to grow, driven by the strong economic performance and high consumer confidence in 2013.