THE volume of coconut products and by-products exported from Northern Mindanao during the second quarter of 2010 rose by as much as 120 percent compared with the same period last year.
Data from the National Economic and Development Authority (Neda) showed that in the second quarter of 2009, the volume of exports for coconut products and by-products in the region only registered 59,344 metric tons (MT) compared with this year’s 130,654 MT.
Among the coconut products and by-products exported from Northern Mindanao, coconut oil registered the highest increase with only 9,817 MT in the second quarter of 2009 to 55,457 MT this year followed by coconut chemicals with 34,322 MT this year compared with last year’s 11,588 MT and copra cake/meal with 31,839 MT compared with last year’s 27,150 MT.
With the increase in volume, the value of exports also went up this year by almost 216 percent with US$112.327 million compared with last year’s US$35.601 million with coconut oil registering US$46.364 million or an increase of 801 percent while coconut chemicals recorded a value of US$55.672 million.
Other coconut products and by-products that registered slight increases this year both in volume and value include coconut milk powder, activated carbon and coconut shell while those that registered decreases include desiccated coconut, coconut shell charcoal, coconut cream and coco husk chips.
For copra, the region failed to export in the second quarter of 2009 but had 100 MT exported volume this year, which translates to US$38,000 value.
The Neda data showed that copra production declined by 1.82 percent this year compared with last year due to negative growths in three provinces — Misamis Occidental, Lanao del Norte and Camiguin.
In terms of volume, copra production this year reached 102,796 MT, or 1.82 percent less than last year’s 104,699 MT.
article by Terry D.C. Betonio of SSC