Philippines: Rapid increase in pork imports

Published 2021년 9월 28일

Tridge summary

The Philippines has seen a significant increase in pork imports in the first half of 2021, due to the loss of over 3 million domestic pigs to African swine fever. Imports rose by 178,000 tons to 239,000 tons, with the total expected to reach 425,000 tons by year-end. The government has lowered import duties to combat inflation. Canada, Spain, and the USA were the largest suppliers, with Canada's shipments increasing by 280%. The EU, especially Denmark, the Netherlands, and France, also saw a significant increase in pork sales to the Philippines.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The loss of more than 3 million domestic pigs to African swine fever (ASF) boosted pork imports in the Philippines in the first half of 2021. As the umbrella association of the Danish agricultural and food industry (L&F) recently reported, imports, including by-products, increased by a good 178,000 t to 239,000 t compared to the first half of 2020, quadrupling. According to estimates by the American Department of Agriculture (USDA), the purchase is likely to rise to 425,000 t by the end of the year, making the island nation the sixth largest pork importer worldwide. Due to the loss of production as a result of the animal disease, the government in Manila has lowered import duties in order to curb inflation. Even if, according to the government, the ASP is slowly being brought under control, this year's pig production of around 1 million t is likely to be around 40% below the level before the outbreak of the animal disease in mid-2019. Canada, Spain and USA largest importers One of ...

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