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Performance of Philippine Top Non-Traditional Coco Products Exports in October 2021

Thursday, January 27, 2022


Data from the Philippine Statistics Authority show increasing number of non-traditional coconut products that generate export revenue of more than USD100,000 in a month thus qualifying for the top non-traditional export product category.  For the month of October, there were 17 products, the highest so far.  The top five non-traditional exports had respective earnings of more than USD1.000 million: virgin coconut oil, glycerin, coco milk liquid, coconut water concentrates, and toilet/bath soap.
VIRGIN COCONUT OIL led the pack with earnings of USD6.677 million from export of 1,676 MT.  Volume significantly dropped by 52.3% from October last year at 3,514 MT.  The United States was principal market capturing 1,032 MT (61.6% of total sales), while smaller volumes went to Netherlands at 96 MT (5.7%), Germany 95 MT (5.7%), United Kingdom and India at 64 MT apiece (3.8%), Brazil 56 MT (3.4%) and 14 others jointly responsible for 270 MT (16.1%). 
GLYCERIN had gross export receipts of USD3.564 million from sale of 2,716 MT and settled in second place.  Volume was 20.6% higher from year-ago at 2,253 MT.  There were only six country destinations with Japan taking the lead at 1,436 MT (52.9%), followed some distance behind by China at 732 MT (26.9%), South Korea 247 MT (9.1%), Thailand 163 MT (6.0%), Australia 91 MT (3.4%) and Malaysia at 47 MT (1.7%). 
COCO MILK LIQUID, which took the third spot, had income of USD2.816 million. Tonnage at 2,006 MT was behind by 24.6% from the previous year at 2,662 MT.  Malaysia was the biggest market controlling 949 MT (47.3%), followed far behind by United Kingdom at 257 MT (12.8%), United States 177 MT (8.8%), France 107 MT (5.3%), Canada 101 MT (5.0%) and 11 others which took in the remaining 415 MT (20.7%). 
Fourth in rank COCONUT WATER CONCENTRATES recorded proceeds of USD1.904 million from delivery of 739 MT, a massive drop by 92.6% from 9,968 MT year-ago. The United States took in bulk of the shipment at 237 MT (32.0%), followed by China at 201 MT (27.2%), Netherlands 149 MT (20.1%), Thailand 129 MT (17.4%) and two other countries which jointly held 24 MT (3.3%).
Fifth placer TOILET/BATH SOAP generated USD1.057 million from overseas purchases of 468 MT. The shipment leaped by 77.9% from last year at 263 MT. Thailand was leading destination at 180 MT (38.4%), trailed by Vietnam at 99 MT (21.1%), United Arab Emirates 48 MT (10.3%), Indonesia 42 MT (8.9%), Malaysia 24 MT (5.2%), Singapore 22 MT (4.7%), Nigeria 19 MT (4.2%), Japan 14 MT (3.0%).  Nine other countries shared the balance of 20 MT (4.2%). 
The top six export, FATTY ACID DISTILLATES had turnover of USD806,680 from foreign trade of 1,091 MT. Volume significantly contracted by 56.1% from year-ago at 2,483 MT. There were only two country destinations: Pakistan at 562 MT (51.5%) and China at 530 MT (48.5%). 
COCONUT OIL, OTHER landed seventh and turned in USD761,812 from orders of 226 MT (411 MT year-ago).  The United States was leading outlet at 101 MT (44.6%).  Limited volumes went to Netherlands at 39 MT (17.1%), Croatia and Canada at 19 MT apiece (8.6%), Japan 16 MT (7.0%).  Six other countries shared 32 MT (14.2%). 
HYDROGENATED COCONUT OIL which earned USD668,704 from external trade of 227 MT (1,311 MT) filled in the eighth place.  The United States was top market at 171 MT (75.3%).  Smaller loads went to Australia at 25 MT (10.9%), Canada 16 MT (7.2%), while three other countries shared 15 MT (6.6%).
With receipts of USD631,403 after trading 779 MT (1,072 MT), COCONUT ACID OIL was number nine in the list. China took in huge part of the volume at 698 MT (89.7%) while India handled the balance of 80 MT (10.3%).  
COCO MILK POWDER held the 10th position with turnover of USD623,957 from transactions involving 100 MT (272 MT).  The United States took in the largest chunk at 40 MT (40.1%), followed by Netherlands and Spain at 25 MT apiece (25.5%) while three others shared the balance of 9 MT (9.0%).
Completing the top 17 non-traditional exports were: coir products, coco peat/dust, nata de coco, young coconut, shampoo, coco flour and makapuno.  COIR PRODUCTS grossed USD554,917 from trade of 2,430 MT (1,394 MT).  There were only four importing countries: China, which was almost a sole destination at 2,413 MT (99.3%), Japan at 16 MT and United Kingdom 1 MT.
COCO PEAT/DUST earned USD492,146 with total orders at 10,289 MT (10,654 MT).  There were only four country destinations. China absorbed almost all of the shipment with uptake at 10,190 MT (99.0%).  Limited volumes went to South Korea at 84 MT, Japan 14 MT and Taiwan 1 MT. 
NATA DE COCO sold 362 MT (654 MT) worth USD416,225.  Principal destination was Japan at 151 MT (41.7%), trailed by the United States at 81 MT (22.3%).  Smaller loads went to Qatar 28 MT (7.6%), United Kingdom 16 MT (4.4%), Canada, Saudi Arabia, Netherlands at 13 MT apiece (3.6%), United Arab Emirates 12 MT (3.3%), New Zealand 10 MT (2.9%).  Seven other countries together took in 25 MT (6.9%).
YOUNG COCONUT (meat/chips, dried, sliced, grated) had turnover of USD319,418 from overseas business of 141 MT (53 MT).  Canada was leading destination at 31 MT (22.1%), trailed by Australia at 25 MT (18.1%), Hong Kong 20 MT (14.2%), Qatar 18 MT (13.1%), Israel 17 MT (12.4%), United States and United Kingdom at 12 MT apiece (8.3%).  Two other countries jointly held 5 MT (3.6%). 
SHAMPOO contributed USD287,938 from shipment of 78 MT (31 MT). The United States took the lead at 21 MT (27.4%), tracked by Canada at 18 MT (23.5%), Mongolia 17 MT (21.3%), Guam 7 MT (9.2%), United Arab Emirates 6 MT (7.6%), and seven others which together bought 9 MT. 
      COCO FLOUR turned in USD190,157 from purchases of 175 MT (376 MT).  Germany was top buyer at 38 MT (21.9%), followed by the United States 36 MT (20.4%), Canada 24 MT (13.9%), Belgium 19 MT (10.7%), United Kingdom 18 MT (10.1%), China 14 MT (8.0%) and four others collectively sharing 26 MT (14.9%).
Export of MAKAPUNO at 111 MT (184 MT) was valued USD172,842.  The United States was primary destination at 65 MT (58.6%), trailed by Australia 15 MT (13.5%), Kuwait and United Kingdom at 6 MT apiece (5.8%).  Twelve other countries shared the remaining 19 MT (17.2%).

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