growth in the Philippines, the largest exporter in the region. This is according to data released by the Philippine Statistics Authority (PSA), which also showed the value of total exports during this period grew by 1.73 per cent, to US$489.15m. likely evolution of Philippine agriculture to 2020, as well as the implications of pursuing alternative policies. The Philippine Statistics Authority reported that banana exports from January to June 2019 reached $983 million, higher by 57.5% compared to $624 million recorded in the same period last year. Banana ranked second with 25.4 percent share to total Philippine banana production. At present, Philippine is one of the world’s largest banana producers which ranked as the fourth after India, Uganda, China. The Philippine Statistical Authority (PSA) monitors cereals prices covering 80 provinces/cities including Metro Manila. Banana consumption per capita reached 22.3 kg in 2017 in Philippines, according to Faostat. Which had( It has )produced more than 9.2 million tonnes of bananas, accounting for almost 6 percent of the global production (the latest statistics in 2014). The banana industry continues to offer bright financial prospects to the Philippine economy. According to information from the Philippine Banana Growers and Exporters Association, supplies from the Philippines were hampered by unrest in the main banana … From 2002 to 2012, Philippine bananas imported by Japan soared from 743,500 metric tons (MT) in 2002 to 1.027 million MT in 2012, according to the latest Banana Market Review and Statistics … Log in, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Japan: US$562 million (37.3% of Philippines’ bananas exports), United Arab Emirates: $56.3 million (3.7%), Japan: US$562 million (net export surplus up 40.3% since 2014), United Arab Emirates: $56.3 million (up 6.5%), Saudi Arabia: $26.3 million (down -14.7%). Moreover, PSA determined that the rapid growth of export was attributed by the high demand of China. to information from the Philippine Banana Growers and Exporters Association, supplies from the Philippines were hampered by unrest in the main banana producing area, which caused damage to banana input factories and infrastructure and hindered investments. Banana, fruit of the genus Musa, one of the most important fruit crops of the world. Banana. Table 4.4. world market price and competition with other plantation crops such as banana and palm oil. Lakatan bananas, also spelled Lacatan, are diploid banana cultivars from the Philippines.It is one of the most common banana cultivars in the Philippines, along with the Latundan and Saba bananas.. Lakatan bananas should not be confused with the Cavendish banana Masak Hijau, which is also known as "Lacatan" in Latin America and the West Indies. This was 1.3 percent lower than the 2.26 million metric tons recorded in the same period of 2019. Data are from the Weekly... Palay Production in the Philippines, 2017 - 2019 Save for the export banana, which is a significant source of foreign exchange, banana is grown largely by small-holder farmers, traded by local entrepreneurs and Bananas are the fourth largest produced fruit crop in the world and grown by small-scale and large-scale producers alike. It ranks first in production (>5.63 million metric tonnes) and area harvested (415 000 has) (BAS 2005) among other fruit crops. The Philippine Cavendish banana exports will reach all-time high record by the end of 2019, based on the obtained data of Philippine Statistics Authority from January to September. Join our social community where you can share latest and trending stories, news, videos, photos, and events.#TrendingDotPH - Sharing Filipino stories around the World! “During the nine-month period, the Philippines exported 1.157 MMT of bananas to China, which was 52.25 percent over the 760,290.869 MT it shipped out to Beijing in the same period of 2018, PSA data showed,” report stated. Last year, China outdo Japan as the top export destination of Philippine Cavendish banana. The Philippine Statistics Authority reported that banana exports from January to June 2019 reached $983 million, higher by 57.5% compared to $624 million recorded in the same period last year. Respectively, the total Philippine banana exports amounted to 3.2 million metric tons (MMT) from January to September while last year’s total export was 3.4 MMT. Philippine banana exports for the first quarter of 2020 grew by 10.71 per cent to 1.18m tonnes, up from 1.06m tonnes compared to the first quarter of 2019. In Metro Manila markets, the Philippine Statistics Authority’s (PSA) price monitoring of basic commodities listed the cost of a kilo of Banana (Lacatan) at P40 at the lowest, P70 at the highest while P60 is the prevailing price for retail. According to preliminary reports from the Philippine Statistics Authority, last year’s banana export volume reached a record-breaking 4.38 million tons with a value of almost $2 billion. Antig also emphasized that China’s growing economy influenced country’s high demand and it’s only a matter of time that China will surpass Japan. This one region accounts for an average of 61% of the annual crop. In 2018, the country produced some 9.36 million metric tons of bananas 7 on 447,889 ha 6 , with Cavendish cultivars accounting for about 52% of total banana production, Saba (27%) and Lakatan (10%). In 2018, the production value of bananas in the Philippines amounted to around 158.8 billion Philippine pesos. Banana is the most important fruit crop in the Philippines. This is 28.5 % less than in the previous year. Banana is the most widely consumed and the largest produced fruit in the world. Banana is the leading fruit grown in the Philippines and a consistent top dollar earner. ... PSA [Philippine Statistics Authority]. Other major banana-producing countries are China and Indonesia. Historically, banana consumption per capita in Philippines reached an all time high of 55.6 kg in 2011 and an all time low of 11.8 kg in 1973. Philippine Statistics Authority . The next closest region is Soccsksargen, which produces about 28% of the crop. This is 28.5 % less than in the previous year. TVET enrollees and graduates, by priority sectors, 2017 Table 4.7. 2017 physical accomplishments of DepEd on the provision of basic education PSA reports bananas ranked fourth with $140.91 million and a 2.5 percent share to the total export receipts in June 2018. Exports from the Philippines dropped by 2.2 percent year-on-year to USD 6.20 billion in October 2020, after an upwardly revised 2.9 percent gain in September, as the COVID-19 disruption crippled global demand. yields in the largest banana-producing countries, such as India, Brazil, Colombia, Costa Rica, Guatemala, Panama, and the Philippines, which could lead to a demand-supply imbalance in the years to come.33 VSSs can lower the societal costs associated with banana production. Around 66% of the banana production is consumed by local market in the Philippines such as 16.5% for processing as a by-product of bananas; 45.5% are sold fresh in wet markets as table bananas; 4 percent banana due to rot or any other reasons as animal feeds and the remaining 34% of bananas are for export. Exports for all purchasing countries surged to US $ 1.505 billion in 2018, China surpassed Japan as the nd... 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