US food exports to PH up 500% since 2003 – USDA

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United States food exports have 'exploded by more than 500%' since 2003, says the USDA

MANILA, Philippines – United States food exports have “exploded by more than 500%” since 2003 [until 2011 or is this until the 2012 year-end forecast of $880-M?. what’s the figure in 2003?], according to the latest report from the United States Department of Agriculture (USDA).

In a Global Agricultural Information Network (GAIN) report, the USDA said that by yearend, its food exports to the Philippines may reach $880 million, double its value in 2009.

This will keep the Philippines as the top export destination of US food and beverages in Southeast Asia.

“The record sales in 2012 will allow the Philippines to maintain its longstanding position as the largest U.S. f&b market in SE Asia, and one of the fastest growing markets in the world,” the USDA said.

“In the 10 years from 2003 to 2012, U.S. f&b exports to the Philippines have exploded by more than 500%,” it added.

The USDA also said Filipinos demand for American-made food and beverage products will be sustained through 2013.

The report said that in 2011, record sales were achieved in 13 of the 16 food and beverage categories, with 10 out of the 16 categories more than doubling in the 2006 to 2011 period.

Items exported to the Philippines last year which doubled in value since 2006 in 2011 were:

  • Breakfast cereals;
  • Red meats fresh;
  • Red meats prepared/processed;
  • Poultry meats;
  • Dairy products;
  • Eggs & Products;
  • Fresh fruits;
  • Fresh vegetables;
  • Pet foods; and
  • Other consumer items.

US food and beverage categories that recorded the highest export levels in terms of since 1970 in 2011 were:

  • Snack foods;
  • Red meats prepared/processed;
  • Poultry meats;
  • Dairy products;
  • Eggs & Products;
  • Fresh fruits;
  • Fresh vegetables;
  • Processed fruits and vegetables;
  • Tree nuts;
  • Wine and beer;
  • Pet foods; and
  • Other consumer items.

In terms of volume, the USDA said record levels were achieved in 11 of the 16 food and beverage categories, with 8 out of the 16 categories doubling in the 2006 to 2011 period.

Items that saw the highest export volume levels since 1970 in 2011 were:

  • Snack foods;
  • Breakfast cereals;
  • Red meats prepared/processed;
  • Poultry meats;
  • Dairy products;
  • Eggs & Products;
  • Fresh fruits;
  • Fresh vegetables;
  • Fruit and vegetable juices; and
  • Pet foods.

US food and beverage exports that doubled in volume in 2011 since 2006 were:

  • Breakfast cereals;
  • Red meats fresh;
  • Red meats prepared/processed;
  • Poultry meats;
  • Eggs & Products;
  • Fresh fruits;
  • Fresh vegetables; and
  • Nursery products.

By 2013, the GAIN report stated, there could be an increase in shipments of ‘Gourmet’, ‘healthy’ and ‘convenience’ products to the Philippines.

The Gain report also showed that US food and beverage exports to the Philippines in January to June went up by 16% year on year to $336.22 million.

“The robust growth is expected to continue as importers stock-up for the year-end holidays. Export sales of food and beverage products are expected to reach a record $880 million by the end of the year, more than double 2009 levels,” the report stated.

The USDA noted that the volume of exports by the end of 2012 will have filled over 21,000 container trucks and provide support to 1.8 million American food processing jobs.

In the January to June period, the top five best-selling items in terms of value were dairy products, red meats, poultry meat, processed fruits and vegetables, and snack foods.

In terms of volume, the five top selling items were breakfast cereals, prepared/preserved red meats, fruit and vegetable juices, snack foods, and poultry meat. – Rappler.com

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