The Philippines

The Philippines is increasing pork imports starting this month

Pork

Prices have skyrocketed in several regions of the country as the ongoing ASF outbreak has reduced the national swine inventory by 13%.

Posted on Feb 01 ,07:41

The Philippines is increasing pork imports starting this month

The Philippines is to increase pork imports by 54,000 tonnes starting this month due to animal protein deficit reported in the domestic market. Since the Philippines reported its first case of ASF to the World Organization for Animal Health (OIE) in September 2019, the virus has continued to spread throughout the country. Currently, the national swine inventory is 13% lower compared to pre-ASF levels. The announcement regarding increased pork imports for the following months was made by the country's Department of Agriculture, which has specified that the origin of the meat will be from countries free of African Swine Fever (ASF).
Several major suppliers are already well-positioned in the Filipino pork market such as Spain (30% market share), Canada (18%), the United States ( 17%), France (12%) and the Netherlands (10%). Spain, as the leader in the market, has increased its exports of meat and pork products to the Philippines in a very noticeable way in recent years, currently being the third non-EU destination for exports of these products after China and Japan. In 2019, these exports reached a record value of 97 million euros, and Spain also became the largest supplier of pork to the Philippines.
According to Rabobank experts, the Philippines will be one of the Asian countries that will continue to be highly dependent on pork imports for 2021, while China and Vietnam will slowly reduce the volumes imported compared to 2020.

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