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Performance of PH’s Top Non-Traditional Coco Products Export in October 2020

Thursday, January 21, 2021


Official data from the Philippine Statistics Authority show 17 non-traditional coconut products generated revenue of more than USD100,000 during the month to qualify in the sector’s top exports list.  The top eight non-traditional exports respectively exceeded USD1.000 million in generated revenue.  These are: virgin coconut oil; coconut concentrates; hydrogenated coconut oil; coco milk liquid; glycerin; coconut oil, other; coconut milk powder; and fatty acid distillates.
VIRGIN COCONUT OIL led the pack with earnings of USD10.996 million from export of 3,514 MT. The shipment almost doubled (+92.1%) previous year total at 1,830 MT.  The United States was top market capturing 1,878 MT (53.4% of total sales).  Smaller volumes went to Canada at 259 MT (7.4%), Germany 238 MT (6.8%), China 212 MT (6.0%), Netherlands 182 MT (5.2%), United Kingdom 148 MT (4.2%), Brazil 107 MT (3.0%) and 22 other countries responsible for 489 MT (13.9%).
Second placer COCONUT CONCENTRATES had gross export receipts of USD9.737 million from sale of 9,968 MT.  Total load increased by 26.0% from year-ago figure at 7,909 MT.  The United States was foremost destination cornering 6,651 MT (66.7%), followed far behind by United Kingdom 869 MT (8.7%), Netherlands 509 MT (5.1%), Canada 468 MT (4.7%), Australia 461 MT (4.6%), China 250 MT (2.5%), Germany 163 MT (1.6%), Brazil 142 MT (1.4%).  Eleven other countries absorbed the remainder of 454 MT (4.6%).
HYDROGENATED COCONUT OIL which took the third spot turned in USD4.598 million from trade of 1,311 MT (45 MT year-ago).  The United States was primary market at 749 MT (57.1%), with smaller volume going to Canada at 178 MT (13.5%), United Kingdom 147 MT (11.2%), Turkey 100 MT (7.6%) and 10 other countries with combined uptake of 138 MT (10.5%).
Fourth in rank COCO MILK LIQUID recorded proceeds of USD3.616 million from delivery of 2,662 MT. Shipment during the month was almost twice (+97.5%)previous year total at 1,348 MT.  Malaysia was principal destination at 753 MT (28.3%), followed at some distance by the United States at 583 MT (21.9%), United Kingdom 438 MT (16.4%), Netherlands 266 MT (10.0%), Australia 160 MT (6.0%), France 158 MT (5.9%) and 13 other countries which bought the remaining 304 MT (11.4%).
GLYCERIN with turnover of USD1.981 million from overseas purchases of 2,253 MT landed fifth.  Shipment during the month was 32.2% behind previous year total at 3,324 MT. Japan was market leader capturing 1,034 MT (45.9%), trailed by China at 811 MT (36.0%), South Korea 225 MT (10.0%) and four others which were responsible for the remaining 184 MT (8.2%).
Sixth top export was COCONUT OIL, OTHER which earned USD1.601 million from dealings covering 411 MT.  Shipment during the month multiplied more than 11 times year-ago data at 36 MT.  The United States was chief importer at 147 MT (35.8%), trailed by Canada at 142 MT (34.5%), China at 56 MT (13.6%) and six other countries with combined participation of 66 MT (16.0%).
COCO MILK POWDER, which placed seventh, generated income of USD1.451 million. Tonnage at 272 MT was just 1 MT shy from 273 MT year-ago.  The United States was leading outlet at 151 MT (55.6%), while smaller volumes went to Japan 28 MT (10.1%), Australia 27 MT (10.0%), Mexico 20 MT (7.3%).  Five other countries shared the remaining 46 MT (16.9%).
FATTY ACID DISTILLATES with earnings of USD1.201 million from sale of 2,483 MT (1,113 MT year-ago) filled in the eighth place.  There were only three country destinations. China took in bulk of the shipment at 2,193 MT (88.3%).  Limited volumes went to Pakistan at 252 MT (10.1%) and India at 38 MT (1.5%).
NATA DE COCO was top nine non-traditional export contributing USD923,533 from shipment of 654 MT, a rapid improvement by 211% from 210 MT year-ago. The United States was key market at 188 MT (28.7%), trailed by Japan at 169 MT (25.8%), China 104 MT (15.9%), Canada 81 MT (12.3%) and 14 others which shared the balance of 113 MT (17.3%).
TOILET/BATH SOAP held the 10th position with proceeds amounting to USD673,181 from dealings involving 263 MT (607 MT).  Thailand was primary destination at 124 MT (47.0%), followed by United Arab Emirates at 31 MT (11.9%), Vietnam 24 MT (9.1%), Saudi Arabia 17 MT (6.6%), Kuwait 15 MT (5.8%), Qatar and Singapore at 14 MT apiece (5.3%), Japan 12 MT (4.6%) and nine other countries absorbing the remainder at 12 MT (4.4%).
Completing the top 17 non-traditional exports were coco peat/dust, coconut acid oil, coco flour, coir products, macapuno, shampoo and coconut sugar. COCO PEAT/DUST had turnover of USD614,732 from trade of 10,654 MT (5,472 MT).  There were only four country destinations. China was almost an exclusive destination at 10,403 MT (97.6%). Limited volume went to South Korea at 184 MT (3.4%), Taiwan 38 MT and Japan 29 MT.
COCONUT ACID OIL generated USD554,185 from purchases of 1,072 MT (368 MT).  There were only two country destinations. China, which was virtually an exclusive market at 1,052 MT (98.2%), and Hong Kong at 19 MT (1.8%).
COCO FLOUR contributed USD380,697 from delivery of 376 MT (344 MT). The United States was market leader at 110 MT (29.1%), tracked by Canada at 95 MT (25.2%), Argentina 40 MT (10.7%), United Kingdom 35 MT (9.4%), Germany 31 MT (8.2%), Brazil 26 MT (7.0%), and six other countries with combined uptake of 39 MT (10.3%).
COIR PRODUCTS reported receipts of USD334,927 from the sale of 1,394 MT (2,224 MT).  There were only two country recipients: China took the biggest chunk at 1,358 MT (97.4%) and Japan at 36 MT (2.6%).
MACAPUNO trade was valued USD247,439 from 184 MT (no export year-ago).  The United States cornered 65 MT (35.4%), followed by Canada at 60 MT (32.6%), New Zealand at 15 MT (7.9%), United Arab Emirates 10 MT (5.7%),  and 12 other countries which collectively bought 34 MT (18.2%).
SHAMPOO had revenue of USD148,715 from trade of 31 MT (56 MT).  Taiwan was leading market at 10 MT (32.3%), followed by Japan 5 MT (15.4%), Singapore 4 MT (14.1%), Malaysia 3 MT (11.2%), Micronesia, Saudi Arabia at 2 MT (7%) apiece and six others with combined purchases of 4 MT (13.1%).
COCONUT SUGAR grossed USD125,257 from orders of 37 MT (81 MT). Italy and Sri Lanka took in 9 MT apiece (24.6%), United Kingdom 8 MT (21.6%), Australia 6 MT (16.8%) and three others which jointly held 5 MT (12.5%).

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