PHILIPPINE FISHERIES PROFILE 2018(Preliminary Copy)
EDUARDO B. GONGONA
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World Scenario: Philippine Fisheries
- In 2016, the Philippines ranked 8th among the top fish producing countries in the world with its total production of 4.2 million metric tons of fish, crustaceans, molluscs, and aquatic plants (including seaweeds). The production constitutes 2.1% of the total world production of 202.2 million metric tons (FAO Statistics).
- The Philippines’ 0.796 million metric tons aquaculture production of fish, crustaceans and molluscs in 2016 ranked 11th in the world and a 1.0% share to the total global aquaculture production of 80.03 million metric tons. In terms of value, the country’s aquaculture production of fish, crustaceans and molluscs has amounted to over 1.79 billion dollars (FAO Statistics).
- Similarly, the Philippines is the world’s 3rd largest producer of aquatic plants (including seaweeds) having produced a total of 1.4 million metric tons or nearly 4.7% of the total world production of 30.14 million metric tons (FAO Statistics).
Contribution to National Economy, 2018
- The fishing industry’s contribution to the country’s Gross Domestic Products (GDP) were 1.2 % and 1.3% at current and constant 2000 prices, respectively. This translates to some P214.869 billion for current prices and P122.02 billion for constant prices of the country’s GDP of P17,426 billion (current prices) and P9,207 billion (constant prices).
- The industry also accounted for 13.3% (P214.869 billion) and 16.4% (P122.02 billion) of the Gross Value Added (GVA) in Agriculture, Hunting, Forestry and Fishing Group of P1,618 billion and P746 billion at current and constant prices, respectively, the largest share next to agricultural crops.
- Based on the FishR 2018 data, fisherfolk were engaged in various fishing activities. Most of there fisherfolk were involved in capture fishing. livelihood. Other sources of their livelihood includes aquaculture, vending, gleaning and fish processing .
Performance of the Fishing Industry
- Total volume of fisheries production in the Philippines from January to December 2018 reached 4,356,875 metric tons. Fisheries production is down by 7.5% from 4.7 million metric tons in CY 2014 to 4.36 million metric tons in CY 2018. Average annual production growth rate within that period was registered at 1.5%. In terms of value, the 2018 fisheries production was valued at 265.35 billion pesos as compared with the 241.94 billion pesos in 2014, an average yearly increment of 1.8 billion pesos.
- The 2018 fisheries production also showed an increase of 1.04% from the previous year’s production of 4.3 million metric tons. The 2018 production was valued at 265 billion pesos.
- The annual performance of the fishing industry was attributed to the production of the three (3) sectors. The commercial sector slightly decreased in production of 0.2% (0.946 million MT) as compared to last year’s production of 0.948 million MT while the aquaculture sector is 2.98% (2.3 million MT) higher than the previous year’s level (2.24 million MT) followed by the municipal sector with 1.08 % (1.11 million MT).
- At the regional level, the Autonomous Region for Muslim Mindanao (ARMM) registered the highest production among all regions with its 20.9% or 899,374 metric tons share to the total fisheries production, where seaweed was the major commodity produced followed by Region IX with a 12.2% share or 531,032 metric tons. Region IV-B (MIMAROPA) recorded an output of 504,667 metric tons or 11.6% to the total fisheries production.
- In terms of value, the industry has contributed P265.35 billion in 2018 as compared to P243.9 billion in 2017. The top three (3) regions were Region III with P38.2 billion, followed by Region VI with P30.6 billion and Region XII with P25.9 billion.
- The aquaculture fisheries sub-sector contributed the highest value of about P 110.33 billion or 42 %. Next is municipal fisheries sub-sector with a total production of P 93.97 billion. Total fish caught by marine fishermen was valued at P84.87 billion while inland fisheries production was valued at P9.103 billion. The commercial sub-sector contributed P61.04 billion or 23% to the total fishery output
Fisheries Export and Import Performance
- Foreign trade performance of the fishery industry in 2018 registered a net surplus of 911 million dollars - total export value of 1,583 million US dollars and import value of 673 million US dollars.
- Export volume decreased by 2.9% from 478,206 MT in 2017 to 464,248 MT in 2018. The three major export commodities (tuna, seaweeds, shrimp/prawn) combined for 43% (219,134 MT) of the total export volume (464,248 MT) and 47% (US$ 745.3 million) of the total export value US$ 1,548 million in 2018.
- Tuna remained as the top export commodity with a collective volume of 171,452 MT for fresh/chilled/frozen, smoked/dried, and canned tuna products valued at US $ 492 million. Canned tuna, though, constitutes bulk of tuna products being exported. In general, tuna export declined by 43.87% in terms of volume and lower in terms of value, 2.4% than the previous year. Major markets for this commodity include Spain, Germany and UK Great Britain.
- Seaweed came 2nd on export value which went up from US$ 174 million (19%) in 2017 to US$ 207 million in 2018 which translates to 13% share to the total export earnings for that year. Carrageenan remains the major product being shipped abroad comprising 89% of the total seaweed export value in pesos. USA, China, Rep. of, Belgium and Mexico are among the major markets for Philippine seaweed products.
- Shrimp/Prawn ranked 3rd with a total contribution of US$ 45.48 million to the total export value, lower than previous year’s export earnings of US$ 72 million. Most of the shrimps/prawns are exported in fresh/chilled/frozen form with a total value of US$ 43 million or 95 % of the total shrimp/prawn export revenue. The 2018 shrimp/prawn exports decreased by 36% in volume (MT) and value of 36% USD from the previous year’s export. Japan, USA and Republic of Korea are among the major destination of shrimp/ prawn products.
- Other major fishery exports e.g. crabs/crab fats, octopus, lapulapu, cuttlefish/squid, ornamental fish, roundscad and sea cucumber constitute 15% or US$ 241 million of the total US$ 1,583 million export revenues. Other commodities accounted for the remaining 38% of the total export value/earnings.
- Among the major destination of Philippine fish and fishery product exports (in terms of value) with percentage share are USA, 14%; Japan, 9.2%; Germany , 4.8%; Hong Kong 3.9%; UK, 5.6%; Spain, 4.5%; South Korea, 1.8%, , Taiwan (ROC) 2%, Italy, 3%, and China, Rep of , 2%; . Other countries have a cumulative share of 50%.
Sixty percent of the total import value for 2018 was contributed by three major commodities; 56% in chilled/frozen fish, 1.8 % in prawn feeds, ; as well as flour, meals and pellets of fish, crustaceans, and mollusks fit and unfit for human consumption, 2%. These commodities have an aggregated value of US$ 401 million out of the US$ 672.62 million total import value.
- Prawn feeds were mostly sourced from Taiwan, (ROC) 0.07%; Vietnam, 1.5%; Thailand, 0.12% , China, People Rep, 0.03%; with a total of $ 12 million on import value.
- Chilled/frozen fish comprise of tuna, mackerel and sardines with a total of US$ 375 million . Tuna has an import value of US $240.77 million, the largest among the three major imports with a share of 36%. These were mostly supplied by Papua New Guinea, 17%; Taiwan (ROC) 4%; China, 4%, Korea, 1% and Japan, 1%. Other fishery imports include mackerel, 19% and sardines 1%.
- In terms of value, in general, the Philippine fishery imports originated from the following major countries: China, 31%; Indonesia, 2%; Taiwan (ROC), 4%; Papua New Guinea, 17%; Vietnam, 17%; Japan, 6% ; Norway, 2%, Korea, 2%; USA, 2%. Other countries contributed 15% to the total import value of fish and fishery products.
|I.||FISHERY RESOURCES||V.||COMMERCIAL FISHERIES PRODUCTION|
|II.||FISHERIES CONTRIBUTION TO THE ECONOMY||VI.||EXTERNAL TRADE|
|III.||AQUACULTURE PRODUCTION||VII||OTHER FISHERIES INFORMATION|
|IV.||MUNICIPAL FISHERIES PRODUCTION|
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Philippine Fisheries Profile