Export Performance of Philippine Top Non-Traditional Coconut Products in August

Data from the Philippine Statistics Authority showed there were 18 non-traditional coconut products that registered earnings of over USD100,000 in the month of August this year, one product more than the previous month’s 17.  The leading export products, which counted 11, registered turnovers of more than  USD1.000 million during the month, same number as last month.  These products were coconut water, hydrogenated coconut oil, coconut water concentrates, glycerin, toilet/bath soap, coconut oil other, fatty acid distillates, biodiesel, coconut meat chips, coconut milk liquid, coconut milk powder.  
COCONUT WATER maintained leadership for the third straight month with revenue of USD14.878 million from sale of 17,494 MT, a sharp increase by 70.2% from the same month last year at 10,279 MT.  The USA remained the principal destination controlling 67.4% of total shipment or 11,767 MT, trailed by United Kingdom at 3,381 MT (19.3%), Canada at 1,455 MT (8.3%).  Other destinations were Netherlands 385 MT (2.2%) and 13 others with uptake ranging 1-85 MT namely Singapore, Hong Kong, South Korea, France, Spain, Pakistan, Qatar, New Zealand, Oman, Germany, Japan, Australia, Peru. 
HYDROGENATED COCONUT OIL was second top non-traditional export with turnover of USD5.297 million after trading 3,668 MT, a steep rise by 59.5% from last year at 2,300 MT.  The USA also led in hydrogenated coconut oil market at 1,108 MT (30.2%), followed by Australia at 952 MT (26.0%), Netherlands at 797 MT (21.7%), Germany 336 MT (9.2%), and Canada which completes the top five markets at 196 MT (5.3%).  Smaller volumes ranging 5-91 MT went to United Kingdom, Taiwan, China, Belgium, South Korea. 
Holding the third spot was COCONUT WATER CONCENTRATE with export receipts of USD3.299 million from overseas purchases of 905 MT.  Tonnage posted an improvement by 22.5% from the previous year at 739 MT. China was principal buyer cornering 494 MT (54.6%).  Trailing behind were the USA at 157 MT (17.3%), Brazil 142 MT (15.7%), and four others with orders ranging 2-51 MT namely Vietnam, Thailand Taiwan, Japan. 
In the fourth place was GLYCERIN with earnings of USD3.064 million.  Volume at 3,157 MT rose 3.4% from last year at 3,053 MT.  Key markets were Japan and China with respective imports of 1,290 MT (40.8%) and 1,270 MT (40.2%).  Other country importers were Thailand at 146 MT (4.6%), Malaysia 136 MT (4.3%), and six other countries with smaller tonnage ranging 24-74 MT namely Indonesia, South Korea, Australia, USA, Germany, Vietnam.
Holding the fifth position was TOILET/BATH SOAP which generated USD2.460 million from sale of 639 MT, a jump by 50.48% from the prior year at 425 MT.  Indonesia was market leader responsible for 38.6% or 247 MT.  Smaller orders were made by United Arab Emirates at 85 MT (13.3%), Thailand 48 MT (7.6%), Singapore 48 MT (7.5%), Nigeria 35 MT (5.4%), Kuwait 31 MT (4.8%), Vietnam 30 MT (4.8%), Saudi Arabia 25 MT (3.9%), USA 18 MT (2.8%), Tanzania 15 MT (2.3%), Taiwan 13 MT (2.0%), and 13 others with limited loads ranging 0.24-10 MT.  The latter group comprised of Netherlands, Australia, New Zealand, Brunei, Poland, Canada, Bahrain, Cayman Islands, Cyprus, South Korea, American Samoa, Japan, Guam. 
The sixth slot was held by COCONUT OIL OTHER category having turned in USD2.315 million from external trade amounting to 728 MT, below last year’s 997 MT by 26.9%.  China led the pack at 343 MT (47.1%), followed by Canada at 155 MT (21.3%), Netherlands at 79 MT (10.9%), Japan at 67 MT (9.2%), and five others with uptake ranging 6-23 MT.  The latter group consisted of Australia, United Kingdom, Hong Kong, New Zealand, Singapore. 
FATTY ACID DISTILLATES was ranked seventh contributing USD1.791 million.  This month’s shipment at 1,930 MT leaped 84.0% from the preceding year’s 1,048 MT.  China remained a bulk importer capturing 1,484 MT or 76.9% of total business.  Other markets were Indonesia at 237 MT (12.3%), South Korea 121 MT (6.3%), India 81 MT (4.2%), and USA 6 MT (0.3%). 
BIODIESEL was top eight with turnover of USD1.738 million.  Total volume sold at 891 MT rocketed by 272.6% from last year at 239 MT.  Germany was leading importer with uptake comprising two-thirds (66.8%) of total or 595 MT, followed by South Korea at 223 MT (25.1%), and Japan at 73 MT (8.2%).
The ninth slot was held by COCONUT MEAT CHIPS with earnings of USD1.495 million from overseas purchases of 623 MT (no export last year).  The USA was almost an exclusive destination responsible for 88.5% or 552 MT.  Limited shipments went to South Korea at 26 MT (4.1%), Vietnam 26 MT (4.1%), Saudi Arabia 11 MT (1.7%) and China 9 MT (1.5%).
Completing the list of the 11 million-dollar earners were Coconut Milk Liquid and Coconut Milk Powder. COCONUT MILK LIQUID registered income of USD1.199 million from delivery of 954 MT, recording a shortfall of 34.1% from the prior year at 1,447 MT.  Malaysia remained a primary destination cornering 723 MT (75.8%), tracked by China at 113 MT (11.9%).  Smaller volumes went to Netherlands at 52 MT (5.4%), Poland 24 MT (2.5%), United Arab Emirates 22 MT (2.3%), France 13 MT, Japan 4 MT, and Canada 2 MT. 
COCO MILK POWDER had gross export receipts of USD1.173 million.  This month’s load at 228 MT jumped 44.3% from 158 MT a year ago.  Japan was foremost importer accounting for 77 MT (33.8%), followed by Mexico at 46 MT (20.2%), USA at 40 MT (17.5%), Australia at 38 MT (16.8%), China at 14 MT (6.0%) and Italy at 13 MT (5.6%).
The next seven major non-traditional exports were Young Coconut (dried meat in strips, sliced or shredded), Nata de Coco, Coconut Acid Oil, Makapuno, Coco Peat/Dust, Coir Products, Coco Flour.  Details to follow in next issue of UWB.