Philippines: Lower demand, less processing

14-12-2009 | |

The Philippine meat processing industry expects its 2009 production volume to drop by 20% from 2008, reports Asian Agribusiness Group.

While volume is down, higher prices will still mean a growth in sales, albeit a small one at less that 10%, said Francisco Buencamino, Executive Director of the Philippine Association of Meat Processors Inc (PAMPI).

PAMPI had earlier aimed for an 8-10% increase in sales this year, but Buencamino said that “lower purchasing power of Filipinos” has dampened demand which led to lower volumes. He also said that the industry’s imports of meat raw materials dropped by as much as 28%.

Source: Asian Agribusiness Group

Join 31,000+ subscribers

Subscribe to our newsletter to stay updated about all the need-to-know content in the poultry sector, three times a week.
Kinsley
Natalie Kinsley Freelance journalist
More about
Related articles
Traditional methods used to evaluate meat freshness include sensory evaluations, as well as chemical and microbiological measurements. Photo: Jan Willem Schouten
06-01-2023 | Article

Modern approaches to evaluate poultry meat freshness

Meat quality measures the organoleptic and physiochemical properties of fresh or value-added meat. Photo: Michel Zoeter
24-08-2022 | Article

Where the fork hits the plate

Efficient production is key to further improve sustainable poultry production, however, consumer welfare demands are moving in the opposite direction. Photo: Bertil van Beek
08-06-2022 | Expert opinion

Can the poultry industry meet its future needs sustainably?

Meat consumption is positively associated with income. However, at a certain level (around US$40,000 GDP per capita), total meat consumption decreases with income. Photo: Koos Groenewold
26-05-2022 | Article

Approaching peak poultry and meat consumption





Beheer
WP Admin