Philippine banana industry will receive more government support as it tries to address falling exports
Shelly Chen
Published 2020년 9월 23일
The Philippines is facing a significant loss in the market share in its banana export markets. The government and industry are working together to find solutions.
The agriculture secretary of the Phillippines, William Darr said actions must be taken if the Philippines wants to win the "export war" and instructed agricultural attaches in major markets such as China, South Korea, and Thailand to monitor the situation. William Darr has also announced in September 2020 that US$5.4 million will go to the development of fusarium wilt-resistant bananas and to increase production and quality.
“I am afraid we are already losing our traditional market share. Given the current situation, our markets still have the disposable income to buy bananas. There is simply no reason for them not to buy. And yet, the Philippines is losing in the export war. What happened?” Dar said.
“If left unchecked, this will substantially reduce the Philippines’ exports, disrupt trade in the international markets, and cause suffering for banana growers, farmers, workers and their families, which may lead to social unrest.”
According to the Pilipino Banana Growers and Exporters Association (PBGEA) projected that exports for all of 2020 could be down as much as 20 per cent in from last 2019’s 195.5 million boxes.
The agriculture secretary of the Phillippines, William Darr said actions must be taken if the Philippines wants to win the "export war" and instructed agricultural attaches in major markets such as China, South Korea, and Thailand to monitor the situation. William Darr has also announced in September 2020 that US$5.4 million will go to the development of fusarium wilt-resistant bananas and to increase production and quality.
“I am afraid we are already losing our traditional market share. Given the current situation, our markets still have the disposable income to buy bananas. There is simply no reason for them not to buy. And yet, the Philippines is losing in the export war. What happened?” Dar said.
“If left unchecked, this will substantially reduce the Philippines’ exports, disrupt trade in the international markets, and cause suffering for banana growers, farmers, workers and their families, which may lead to social unrest.”
According to the Pilipino Banana Growers and Exporters Association (PBGEA) projected that exports for all of 2020 could be down as much as 20 per cent in from last 2019’s 195.5 million boxes.
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