News
Performance of Philippine Top Non-Traditional Coco Products Exports in March
Thursday, June 20, 2019
Data from the Philippine Statistics Authority show 16 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 six non-traditional exports had respective earnings of more than USD1.000 million: coconut water, virgin coconut oil, hydrogenated coconut oil, glycerin, coconut milk liquid and coconut milk powder.
COCONUT WATER led the pack with earnings of USD7.144 million from export of 5,784,953 liters. Volume was down by 13.6% from year-ago shipment at 6,698,251 liters. The United States was the biggest outlet cornering 4,266,727 liters (73.8% of total sales). Smaller volumes went to United Kingdom with 756,973 liters (13.1%), Canada 179,740 liters (3.1%), Singapore 166,557 liters (2.9%), Brazil 143,490 liters (2.5%) and 10 other countries that shared 271,466 liters (4.7%).
VIRGIN COCONUT OIL, the second biggest non-traditional export during the month, grossed USD4.710 million from sale of 1,600 MT. The shipment slightly increased by 6.7% from the previous year at 1,500 MT. The United States was top market capturing 542 MT (33.9%), followed by Canada at 357 MT (22.3%), Germany 326 MT (20.4%), Netherlands 115 MT (7.2%), and 13 other countries responsible for 260 MT (16.2%).
HYDROGENATED COCONUT OIL, which took the third spot, had income of USD3.901 million from shipment of 2,284 MT (no export recorded year-ago). The United States was the biggest market controlling 1,022 MT (44.7%). Smaller loads went to Canada at 416 MT (18.2%), Australia at 252 MT (11.0%), Belgium and United Kingdom at 129 MT apiece and 14 other countries with combined uptake of 336 MT (14.7%).
Fourth in rank GLYCERIN recorded proceeds of USD2.124 million from the delivery of 3,370 MT. Tonnage significantly increased by 40.8% from previous year at 2,394 MT. China was market leader at 1,327 MT (39.4%), followed far behind by Japan at 934 MT (27.7%), United States 830 MT (24.6%) while six other countries jointly held 279 MT (8.3%).
Fifth placer COCO MILK LIQUID had turnover of USD1.216 million from overseas purchases of 662 MT. The shipment was 16.5% higher from last year’s 568 MT. Malaysia was leading destination at 250 MT (37.7%), followed by United States 146 MT (22.0%), Australia 141 MT (21.3%) and five others sharing 126 MT (19.0%).
The top six export, COCONUT MILK POWDER, registered earnings of USD1.136 million. The cargo at 233 MT leaped by 53.9% from 152 MT of the previous year. The United States was major destination at 80 MT (34.2%), tracked by Mexico at 40 MT (17.1%), France 39 MT (16.8%) and four other countries that collectively shared 75 MT (31.9%).
TOILET/BATH SOAP landed seventh and turned in USD928,060 from delivery of 476 MT (127 MT year-ago). Thailand was the leading destination at 149 MT (31.3%), trailed by Indonesia at 125 MT (26.3%), Vietnam 108 MT (22.7%) and 10 other countries with aggregate uptake of 94 MT (19.7%).
BIODIESEL export valued at USD872,952 comprised of 641 MT (no export recorded year-ago) and filled in the eighth place. Germany was the primary destination at 239 MT (37.2%), followed by Hong Kong 108 MT (16.9%), South Korea 104 MT (16.2%) and three other countries with total market share of 190 MT (29.7%).
HUSK CUBES with receipts of USD878,594 after selling 449 MT (no export was recorded year-ago) was number nine in the list. United Kingdom was leading market at 228 MT (50.8%), trailed by Japan 139 MT (31.0%), United States 38 MT (8.5%), Spain 24 MT (5.3%) and three other countries with combined uptake of 20 MT (4.3%).
COCO FLOUR held the tenth position with turnover of USD436,194 from transactions involving 396 MT (273 MT). Volume went chiefly to the United States at 174 MT (44.1%), with smaller loads going to Iraq 77 MT (19.6%), Australia 67 MT (17.0%), Israel 39 MT (9.8%) and five other countries which were responsible for the remaining 38 MT (9.6%).
Completing the top 16 non-traditional exports were: coco peat/dust, fresh coconut, coir & coir products, soap chips, shampoo and coco cream. COCO PEAT/DUST had revenue of USD325,681 from trade of 5,828 MT (3,713 MT). There were only four country destinations with China as almost an exclusive buyer at 5,382 MT (92.3%). Other markets were Taiwan 264 MT (4.5%), South Korea 137 MT (2.3%) and Japan 46 MT.
FRESH COCONUT generated USD297,526 from deals amounting to 188,250 nuts (129,757 nuts). There were only four country destinations, namely Hong Kong at 108,000 nuts (57.4%), United States 66,175 nuts (35.2%), Japan 13,635 nuts (7.2%) and United Arab Emirates 440 nuts.
COIR & COIR PRODUCTS contributed USD249,899 from imports of 1,006 MT (2,686 MT). All shipment went to China.
SOAP CHIPS earned USD177,800 from purchases of 184 MT (127 MT). There were two country destinations. Bulk of the shipment went to Nigeria at 180 MT (97.6%) while United Arab Emirates took in the remaining 4 MT (2.4%).
SHAMPOO turned in USD157,191 from shipment of 64 MT (3 MT). Fiji was top destination at 28 MT (43.9%), trailed by Canada 18 MT (28.6%), Qatar 14 MT (22.2%) and five other countries which held a total of 3 MT (5.3%).
COCO CREAM proceeds at USD146,736 was realized from transactions involving 315 MT (6 MT). There were three country destinations with Netherlands taking a huge chunk at 268 MT (85.1%), and the other two being Thailand 36 MT (11.3%) and Australia 11 MT (3.6%).

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