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Performance of Philippine Top Non-Tradtional Coconut Products Exports in November 2021

Thursday, February 17, 2022


Data from the Philippine Statistics Authority show 16 non-traditional coconut products generated export revenue of more than USD100,000 during the month to qualify for the top non-traditional export products category. The top six non-traditional exports had respective earnings of more than USD1.000 million: virgin coconut oil, glycerin, coconut water concentrates, coco milk liquid, coconut milk powder and toilet/bath soap.
VIRGIN COCONUT OIL led the pack with earnings of USD8.039 million from export of 1,920 MT. The shipment was 33.0% behind from previous year at 2,865 MT.  The United States was top market capturing 1,041 MT (54.2% of total sales). Limited volumes went to Canada at 184 MT (9.6%), Germany and Netherlands at 113 MT apiece (5.9%), China 96 MT (5.0%), United Kingdom 77 MT (4.0%), Australia 62 MT (3.2%), Slovenia 55 MT (2.9%), and 15 other countries responsible for 180 MT (9.4%). 
GLYCERIN, the second biggest non-traditional export, generated USD3.961 million from shipment of 3,081 MT. Volume moderately increased by 13.6% from year-ago at 2,713 MT. China was the biggest outlet cornering 1,367 MT (44.4%), trailed by Japan at 1,300 MT (42.2%), South Korea 216 MT (7.0%), and four others which shared the balance of 199 MT (6.4%). 
COCONUT WATER CONCENTRATES, which took the third spot, had income of USD2.124 million. Tonnage at 888 MT was a sizable drop by 91.0% from previous year at 9,862 MT.  The United States was primary destinations at 620 MT (69.8%).  Limited volumes went to Netherlands at 61 MT (6.9%), China at 52 MT (5.9%), Vietnam 49 MT (5.5%).  Six other countries took in the remaining 106 MT (11.9%). 
Fourth in rank COCO MILK LIQUID recorded proceeds of USD1.581 million from delivery of 1,700 MT, a 20.6% reduction from 2,139 MT year-ago. Malaysia was market leader at 583 MT (34.3%), trailed by Netherlands at 565 MT (33.2%), United States 251 MT (14.8%), United Kingdom 120 MT (7.0%) while six other countries jointly held 181 MT (10.6%). 
Fifth placer COCO MILK POWDER had turnover of USD1.537 million from overseas purchases of 249 MT which nearly doubled last year at 126 MT (+97.9%).  The United States was top buyer at 112 MT (44.8%), followed by Japan and Spain at 55 MT apiece (22.1%).  Two other countries shared the balance of 28 MT (11.1%). 
The top six export, TOILET/BATH SOAP, registered earnings of USD1.164 million.  The cargo at 516 MT was more than twice the previous year at 179 MT (+172.5%). Vietnam was major destination at 197 MT (38.2%), followed by Thailand at 121 MT (23.4%), Singapore 57 MT (11.0%), Indonesia 42 MT (8.1%), Saudi Arabia 23 MT (4.4%), Qatar 22 MT (4.4%) and 13 other countries that collectively shared 54 MT (10.5%).
FATTY ACID DISTILLATES landed seventh and turned in USD896,421 from delivery of 1,083 MT (1,647 MT year-ago).  There were only three country destinations.  China took in the biggest share at 798 MT (73.7%), followed far behind by Pakistan at 264 MT (24.3%) and India at 21 MT (1.9%). 
COCONUT OIL, OTHER which earned USD818,844 from external trade of 254 MT (153 MT year-ago) filled in the eighth place. Japan took the lead in this product at 107 MT (42.1%), followed by Germany 54 MT (21.3%), United States 41 MT (16.3%), United Arab Emirates 12 MT (4.8%), Australia 11 MT (4.2%) and six other countries which handled the remainder of 29 MT (11.4%).
Number nine in the list was COCONUT ACID OIL with receipts of USD476,757 from purchases of 500 MT (1,535 MT).  There were only two country destinations: China, which took in the much bigger chunk at 419 MT (83.9%), and India at 80 MT (16.1%). 
HYDROGENATED COCONUT OIL held the 10th position with turnover of USD439,313 from transactions involving 147 MT (135 MT).  There were only five country buyers led by Canada at 75 MT (50.8%), followed by Australia at 31 MT (21.0%), United States 19 MT (13.2%), Germany 17 MT (11.3%), and South Korea 5 MT (3.6%).
Completing the top 16 non-traditional exports were: coco peat/dust, coir & coir products, nata de coco, young coconut, shampoo and makapuno. COCO PEAT/DUST trade of 8,630 MT (9,833 MT) was valued USD436,948.  There were only two importing countries: China, which was almost an exclusive market at 8,616 MT (99.8%), and Japan at 14 MT (0.2%). 
COIR & COIR PRODUCTS generated USD344,724 from total volume at 1,481 MT (1,691 MT) delivered to three countries.  China likewise was virtually a sole destination at 1,464 MT (98.9%), with the remainder handled by Japan at 16 MT (1.1%) and United Kingdom at 1 MT. 
NATA DE COCO grossed USD258,929 from sale of 184 MT (413 MT).  The United States was leading buyer responsible for 67 MT (36.2%), trailed by Hong Kong 37 MT (19.9%), Japan 21 MT (11.4%), Malaysia 15 MT (8.2%), United Kingdom 13 MT (7.2%).  Nine other countries bought the remaining 32 MT (17.1%). 
YOUNG COCONUT sold 83 MT (39 MT) worth USD214,959.  Canada was primary market at 33 MT (39.8%), followed by United States at 26 MT (31.7%), Hong Kong at 11 MT (13.0%), Portugal 9 MT (10.8%), Australia 4 MT (4.8%). 
SHAMPOO had turnover of USD183,362 from purchases of 38 MT (49 MT).  Singapore was leading importer with uptake at 26 MT (67.4%), followed far behind by United States at 6 MT (15.8%), Kuwait 3 MT (7.7%), United Arab Emirates 2 MT (4.9%) while nine other countries bought the remaining 2 MT. 
MAKAPUNO generated USD110,211 from shipment of 58 MT (144 MT).  The United States was principal market at 36 MT (61.6%), followed by Qatar at 7 MT (12.8%), Australia 4 MT (6.3%), United Kingdom and Oman at 3 MT apiece (4.8%), Spain 2 MT (4.1%) and six others which absorbed the balance of 3 MT.

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