Pork imports on the rise in the Filipino market
The Philippines is looking to increase pork imports this year and, most probably, next year as well. According to a report released at the beginning of this month by the US National Pork Producers Council (NPPC), the Asian country hopes to prompt faster imports of pork to ease high prices caused by strong demand as it still faces outbreaks of African swine fever and global supply chain issues.
The country’s Department of Agriculture has expanded the Minimum Access Volume (MAV) quota for imported pork to cover the distribution of products outside the metropolitan areas of Manila, Bulacan, Rizal, Laguna and Cavite and to allow pork sales to processors and institutional buyers, not just retailers.
From January to August, US pork exports to the Filipino market have increased by 157% in value reaching $185 million. Also, during the first three quarters, 440,000 tonnes of pork were imported, with Spain providing 24% of that volume.
According to the latest available data, the sector reached a total turnover of €41.337 ...
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