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Philippine Mango Export Markets |
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Written by Benjamin Chiu
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Tuesday, 16 February 2010 |
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Exports of Philippine mangoes and other fruits classified under HS 080450 totaled USD 27 million in 2008, down by around 30% from the previous year’s level and the lowest since the year 2004. The decline in 2008 cut short the growth registered in 2007. Nevertheless, overall yearly growth in mango exports for the period 2004 to 2008 was minus 6.6%. Exports still have not recovered to the level it achieved in 2004 when it reached USD 39 million.
Fastest growing markets for the period 2004-2008
Table 1 below shows that the United Kingdom is the fastest growing market averaging a yearly growth of 140% for the period 2004 to 2008. Export to the United Kingdom exhibited a rapid growth pattern, continuously rising at a fast rate during the period. Other robust markets are Taiwan and Canada as shown in their average yearly growth rates.
Table 1
Past performance
During the period 2004 to 2008, mango exports in most major markets abroad were noted to be erratic but generally on a declining trend as also shown in Table 1. Exports to Japan decreased by an average of about 13% yearly from 2004 to 2008. Exports to Hong Kong and Singapore similarly decreased by an average of 3% and 11% yearly for the same period, respectively.
Chart 1
Largest market in 2008
Japan remains to be the Philippines’ largest market for mango exports, accounting for 39% of the total exports (see chart 1 above). Hong Kong came in second with a 25% share with the USA ranked third with a share of 12%. The rest of the markets have an individual shares with less than 10% in 2008.
Table 2
2009 performance
In 2009, exports to Japan, the USA and the United Kingdom for the three consecutive quarters are growing steadily at the average rate of 56%, 222% and 968%, respectively (see table 2 above). However, Philippine exports to these countries for 2009 are lesser in value compared with the same period last year.
Reference:
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