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PERFORMANCE OF PHILIPPINE TOP NON-TRADITIONAL COCO PRODUCTS EXPORTS IN JUNE
Thursday, September 21, 2017Data from the Philippine Statistics Authority show 15 non-traditional coconut products generated export revenue of more than USD100,000 during the month to qualify for the top non-traditional export products category. The top four non-traditional exports had respective earnings of more than USD1.000 million: virgin coconut oil, coconut water, glycerin, and bath soap.
VIRGIN COCONUT OIL led the pack with earnings of USD12.541 million from export of 3,471 MT. The shipment leaped by 77.4% from previous year at 1,957 MT. The United States was top market capturing 1,706 MT (49.1% of total sales), followed far behind by Germany at 628 MT (18.1%), Canada 438 MT (12.6%), Belgium 141 MT (4.1%), Netherlands 137 MT (3.9%), and 21 other countries responsible for 421 MT (12.1%).
COCONUT WATER, the second biggest non traditional export, generated USD8.323 million from shipment of 7,256,043 liters. Volume rocketed 80.2% from year-ago at 4,026,926 liters. The United States was the biggest outlet cornering 3,227,811 liters (44.5%). Smaller volumes went to United Kingdom at 940,462 liters (13.0%), China 751,349 liters (10.4%), Netherlands 431,666 liters (5.9%), Canada 330,216 liters (4.6%), Brazil 311,037 liters (4.3%), Taiwan 189,074 liters (2.6%), France 160,105 liters (2.2%), Belgium 156,392 liters (2.2%), Germany 154,098 liters (2.1%), Hong Kong 119,523 liters (1.6%) while 15 others shared the balance of 484,309 liters (6.7%).
GLYCERIN, which took the third spot, had income of USD2.465 million. Tonnage at 3,320 MT was slightly up by 6.2% from previous year at 3,127 MT. Japan was the biggest market controlling 1,360 MT (41.0%), trailed by China at 1,047 MT (31.5%). Limited loads went to Russia at 150 MT (4.5%), Qatar 123 MT (3.7%), North Korea 121 MT (3.6%), Thailand 112 MT (3.4%), India 102 MT (3.1%). Eight other countries took in the remaining 305 MT (9.2%).
Fourth in rank BATH SOAP recorded proceeds of USD1.606 million from delivery of 722 MT, a jump by 61.3% from 446 MT year-ago. Indonesia was market leader at 292 MT (40.5%), followed by Singapore at 149 MT (20.7%). Lesser quantities went to Vietnam at 81 MT (11.2%), United Arab Emirates 68 MT (9.5%), Thailand 50 MT (6.9%) while ten other countries jointly held 80 MT (11.2%).
Fifth placer COCO MILK LIQUID had turnover of USD974,169 from overseas purchases of 555 MT. The shipment was 23.7% behind same period last year’s 725 MT. There were eight country destinations led by United States at 262 MT (47.2%), trailed by Japan at 111 MT (20.0%), France 61 MT (11.0%), Canada 36 MT (6.5%), Portugal 20 MT (3.6%), Australia and Germany at 19 MT apiece (3.4%), Argentina 16 MT (2.9%) and Uruguay 11 MT (2.0%).
The top six export, COCO MILK POWDER, registered earnings of USD899,053. The cargo at 183 MT posted a jump by 77.9% from 103 MT of the previous year. Japan was major destination at 51 MT (27.8%), followed by Netherlands at 49 MT (26.6%), United States 40 MT (21.8%), Australia and Taiwan at 14 MT apiece (7.5%), Italy 12 MT (6.7%) and three other countries that collectively shared 4 MT (2.2%).
COIR & COIR PRODUCTS landed seventh and turned in USD669,757 from delivery of 10,682 MT (no export recorded year-ago). China was almost an exclusive destination cornering 10,548 MT (98.7%). Other markets were United States and Japan at 58 MT apiece, Singapore 10 MT and three other countries sharing 7 MT.
NATA DE COCO which earned USD622,421 from external trade of 770 MT (596 MT year-ago) filled in the eighth place. There were five country destinations with bulk of the load chiefly going to Japan at 532 MT (69.1%). Other destinations were China at 104 MT (13.5%), South Korea at 73 MT (9.5%), and Singapore and Malaysia at 30 MT apiece (3.9%).
With receipts of USD519,250 after trading 231 MT, SHAMPOO was number nine in the list. Total purchases during the month ballooned to more than 5 times year-ago at 43 MT. The United Arab Emirates was leading market at 126 MT (54.4%). Singapore took in lower load at 47 MT (20.5%), as well as Mongolia 29 MT (12.5%), United States 13 MT (5.8%), Canada 11 MT (4.6%) and 3 other countries with combined participation of 5 MT.
COCO FLOUR held the tenth position with turnover of USD271,744 from transactions involving 259 MT (339 MT year-ago). The United States was major importer at 83 MT (32.2%), followed by Turkey at 77 MT (29.9%), Brazil 30 MT (11.4%), Australia 26 MT (10.0%), Poland 22 MT (8.5%), Canada 18 MT (6.8%) and four other countries that jointly shared 3 MT.
Completing the top 15 non-traditional exports were: soap chips, grated coconut meat, coco dust/peat, coconut cream and vinegar. SOAP CHIPS had revenue of USD261,073 from trade of 132 MT (no export recorded year-ago). There were only 2 importing countries: Saudi Arabia at 118 MT (89.3%) and Kuwait at 14 MT (10.7%).
GRATED COCONUT MEAT generated USD213,840 with total volume at 47 MT (no export) and was delivered solely to United States.
COCO DUST/PEAT contributed USD194,674 from deals amounting to 2,715 MT (895 MT). There were five country destinations: China at 2,389 MT (88.0%), Malaysia 175 MT (6.5%), South Korea 113 MT (4.2%), Taiwan 34 MT (1.3%) and Guam 4 MT.
COCONUT CREAM earned USD188,915 from purchases of 156 MT (no export ). The United Arab Emirates was leading buyer responsible for 56 MT (35.8%), tracked by Bahamas at 31 MT (20.0%), Netherlands at 24 MT (15.1%), Australia 18 MT (11.7%), United States 16 MT (10.1%). A dozen other countries bought the remaining 12 MT.
VINEGAR turned in USD178,671 from shipment of 173 MT (414 MT). Saudi Arabia was primary market at 99 MT (57.2%), trailed by United States at 60 MT (34.5%), Canada at 6 MT (1.5%) and four others which absorbed the balance of 8 MT.

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