Transcript DBFTA Presentation UCAP_Ms.Yvonne Agustin


Agreement between two or more countries
to establish a free trade area where
commerce in goods and services can be
conducted across their common borders,
with reduced or no tariffs or
hindrances.
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



Maintain Competitiveness
Cross border industrial complementation
Sustain inflows of investments
Mutual support on issues of common
interest
Re-enforce one another’s strength and
weakness
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
Asean Free Trade Area ( AFTA)
- ASEAN 6 – Brunei, Indonesia, Malaysia,
Philippines, Singapore, Thailand
(covered tariff elimination on 99% of tariff
lines)
Asean-China Free Trade Area (ACFTA)
Asean –Korea Free Trade Area (AKFTA)
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
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Asean-Australia-New Zealand Free Trade
Area (AANZFTA)
Asean-Japan Comprehensive Economic
Partnership Agreement (AJCEPA)
Philippines-Japan Economic Partnership
Agreement (PJEPA)
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
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
Coconut oil
- Crude
- Refined (RBD, Cochin)
- Virgin Coconut Oil
Desiccated Coconut
Copra Meal
Copra

Oleochemicals
- Coconut fatty acids
- Coconut methyl ester
- Coconut fatty alcohol
- Amides
- Glycerin
- Biodiesel
(In ‘000 MT)
Year
Coconut
Oil
Desiccated
Coconut
Copra
Meal 1/
Oleochem 2/
2005
1,152
126
430
122
2,145
2006
1,070
136
430
124
2,034
2007
887
131
423
99
1,708
2008
848
143
435
68
1,634
2009
826
116
400
23
1,515
2010
1,343
109
724
32
2,332
Total
1/ Not included in total
2/ Copra terms
Source of basic data: Philippine Coconut Authority
2/
(In Million US$ FOB)
Year
Coconut
Oil
Dessicated
Coconut
Copra
Meal
Oleochem
Total
2005
657
127
27
59
870
2006
577
139
30
60
806
2007
729
157
43
60
989
2008
1,034
240
58
64
1,396
2009
588
146
48
13
794
2010
1,257
153
78
17
1,506
Source of basic data: Philippine Coconut Authority
(In Metric Tons)
Commodity
Copra
Coconut Oil
Copra Meal
1/
Desiccated
Coconut
Oleochem
TOTAL
2/
2/
1/ Not included in total
2/ Copra terms
2010
%
Change
2009
303
84
260.7
1,342,511
826,237
62.5
724,376
399,782
81.2
109,171
116,421
-6.2
31,694
23,375
35.6
2,331,753
1,514,942
53.9
Source of basic data: Philippine Coconut Authority
(In ‘000 FOB US$)
Commodity
Copra
2010
%
Change
2009
239
60
298.3
Coconut Oil
1,257,214
588,016
113.8
Copra Meal
78,322
47,926
63.4
Desiccated
Coconut
152,616
145,657
4.8
17,417
12,679
37.4
Others
121,490
89,684
35.5
TOTAL
1,627,297
884,022
84.1
Oleochem
Source of basic data: Philippine Coconut Authority
(In US$/MT)
Commodity
2010
2009
%
Change
Copra
789.10
708.05
11.4
Coconut Oil
936.46
711.68
31.6
Copra Meal
108.12
119.88
-9.8
Desiccated
Coconut
1,397.95
1,251.13
11.7
Source of basic data: Philippine Coconut Authority
(In Metric Tons)
Commodity
Copra
2011f/
2010
%
Change
nil
303
-
Coconut Oil
900,000
1,342,511
-33.0
Desiccated
Coconut
110,000
109,171
0.8
450,000
724,376
-37.9
30,000
31,694
-5.3
1,628,639
2,331,753
-30.2
Copra Meal
1/
Oleochemicals
2/
TOTAL
2/
f/ Forecast
1/ Not included in total
2/ Copra terms
Source of basic data: Philippine Coconut Authority
(In ‘000 MT, Copra terms)
Year
2,415
2011f
2,863
2010r
2,663
2009
2008
2,388
2007
2,257
0
r Revised
f Forecast
500
1,000
1,500
2,000
2,500
Sources of basic data: Philippine Coconut Authority
Industry Reports to UCAP Research
3,000
No. of
Mills/Plants
Annual Capacity
Oilmilling
63
4.501 Million MT Copra
Refining
39
1.435 Million MT RB/RBD
Oil
Desiccated
Coconut
10
159,610 MT DCN product
Oleochemicals
10
250,000 MT CNO
throughput
Coco Biodiesel
12
400,000 MT output
Source of basic data: Philippine Coconut Authority
(In Metric Tons)
Destination
2010
% Share
2009
% Share
Europe
654,210
48.7
347,812
42.1
USA
450,616
33.6
355,032
43.0
103,728
7.7
27,770
3.4
ASEAN (Indonesia,
Malaysia, Singapore,
Vietnam)
61,785
4.6
14,484
1.8
Japan
47,008
3.5
43,481
5.3
Korea
2,495
0.2
10,633
1.3
169
0.0
261
0.0
37
0.0
30
0.0
22,464
1.7
26,732
3.2
Total FTA Markets (MT)
215,222
16.0
96,659
11.7
(’000 US$)
192,324
15.3
69,157
11.8
1,342,511
100.0
826,237
100.0
1,257,214
100.0
588,016
100.0
China
Australia
New Zealand
Others
TOTAL (MT)
(‘000 US$)
Source of basic data: Philippine Coconut Authority
2010
1,342,511 MT
Korea Asean
Japan 0.2% 4.6%
3.5%
China
7.7%
US
33.6%
2009
826,237 MT
Korea
Japan 1.3% Asean
1.8% Others
5.3%
3.3%
China
Europe
3.4%
42.1%
Others
1.9%
Europe
48.7%
US
43.0%
Source of basic data: Philippine Coconut Authority
(In Metric Tons)
Destination
2010
USA
% Share
2009
% Share
1,498
54.7
1,082
60.1
Canada
569
20.8
496
27.6
Europe
370
13.5
137
7.6
157
5.7
23
1.3
28
1.0
12
0.7
China
9
0.3
2
0.1
Korea
9
0.3
2
0.1
New Zealand
8
0.3
1
0.1
Japan
5
0.2
3
0.1
Others
84
3.1
43
2.4
Total FTA Markets (MT)
216
7.9
43
2.4
(‘000 US$)
575
6.9
205
3.7
2,737
100.0
1,801
100.0
8,341
100.0
5,588
100.0
Australia
Asean (Brunei, Indonesia,
Malaysia, Singapore,
Thailand, Vietnam)
TOTAL (MT)
(‘000 US$)
Source of basic data: Philippine Coconut Authority
(In Metric Tons)
Destination
2010
% Share
2009
% Share
Europe
41,171
37.7
48,982
42.1
USA
27,995
25.6
29,187
25.1
Australia
6,792
6.2
6,300
5.4
Korea
2,151
2.0
2,036
1.7
Japan
2,015
1.8
2,558
2.2
China
1,564
1.4
1,668
1.4
Asean (Indonesia,
Malaysia, Singapore,
Thailand, Vietnam)
1,108
1.0
1,226
1.1
707
0.6
1,054
0.9
Others
25,668
23.5
21,374
18.4
Total FTA Markets (MT)
14,337
13.1
14,842
12.7
(‘000 US$)
19,913
13.0
20,257
13.9
109,171
100.0
116,421
100.0
152,616
100.0
145,657
100.0
New Zealand
TOTAL (MT)
(‘000 US$)
Source of basic data: Philippine Coconut Authority
(In Metric Tons)
Destination
2010
% Share
2009
% Share
Korea
383,497
52.9
232,927
58.3
China
159,436
22.0
16,170
4.0
Asean (Singapore,
Vietnam)
130,769
18.1
111,109
27.8
17,647
2.4
16,351
4.1
Australia
2,726
0.4
1,133
0.3
New Zealand
1,120
0.2
-
-
22,092
5.5
29,181
7.3
Total FTA Markets (MT)
695,195
96.0
377,690
94.4
(‘000 US$)
60,766
77.6
45,229
94.4
724,376
100.0
399,782
100.0
78,322
100.0
47,926
100.0
Japan
Others
TOTAL (MT)
(‘000 US$)
Source of basic data: Philippine Coconut Authority
(In Metric Tons, Copra Terms)
Destination
2010
% Share
2009
% Share
China
9,986
31.5
6,779
29.0
Asean (Indonesia,
Malaysia, Singapore,
Thailand, Vietnam)
3,082
9.7
535
2.3
Korea
1,367
4.3
3,548
15.2
Japan
1,107
3.5
937
4.0
Australia
62
0.2
148
0.6
New Zealand
26
0.1
34
0.1
Europe
5,411
17.1
3,268
14.0
Others
10,653
33.6
8,126
34.8
Total FTA Markets (MT)
15,630
49.3
11,981
51.2
27,251
66.4
21,765
68.6
31,694
100.0
23,375
100.0
41,060
100.0
31,710
100.0
(‘000 US$)*
TOTAL (MT)
(‘000 US$)*
* Includes value of amides, glycerin
Source of basic data: Philippine Coconut Authority
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Coconut Shell
- charcoal
- activated carbon
Coconut Coir
- fiber
- peat/dust
- geotextile
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- stitched fiber
- pads
- plant liners
- pots and hangers
Coconut Water
Coconut Sugar
Coconut Vinegar
Handicraft items
(In Metric Tons)
Destination
2010
% Share
2009
% Share
Japan
16,836
57.5
22,859
65.8
China
6,260
21.4
6,095
17.5
Korea
4,431
15.1
4,172
12.0
84
0.3
788
2.3
1,654
5.7
833
2.4
Total FTA Markets (MT)
27,611
94.3
33,914
97.6
(‘000 US$)
8,914
96.1
11,012
98.4
29,265
100.0
34,746
100.0
9,278
100.0
11,190
100.0
Asean (Singapore)
Others
TOTAL (MT)
(‘000 US$)
Source of basic data: Philippine Coconut Authority
(In Metric Tons)
Destination
2010
% Share
2009
% Share
Europe
5,602
18.9
4,060
20.3
USA
3,825
12.9
3,648
18.2
Japan
6,753
22.8
3,795
18.9
Asean (Indonesia,
Malaysia, Singapore,
Thailand, Vietnam
2,585
8.7
2,116
10.6
Korea
1,735
5.9
1,155
5.8
Australia
1,481
5.0
459
2.3
China
721
2.4
335
1.7
Others
6,869
23.2
4,460
22.3
Total FTA Markets (MT)
13,275
44.9
7,860
39.2
(‘000 US$)
18,884
46.4
9,264
35.9
29,572
100.0
20,027
100.0
40,692
100.0
25,808
100.0
TOTAL (MT)
(‘000 US$)
Source of basic data: Philippine Coconut Authority
(In Metric Tons)
Destination
2010
% Share
2009
% Share
China
4,192
49.0
2,928
36.7
Korea
1,512
17.7
1,782
22.3
Japan
567
6.6
356
4.5
Asean (Malaysia,
Singapore
365
4.3
625
7.8
-
-
7
0.1
Others
1,916
22.4
2,282
28.6
Total FTA Markets (MT)
6,636
77.6
5,698
71.4
(‘000 US$)
1,651
84.8
1,038
78.2
8,551
100.0
7,980
100.0
1,946
100.0
1,328
100.0
Australia
TOTAL (MT)
(‘000 US$)
Source of basic data: Philippine Coconut Authority
(In liters)
Destination
USA
2010
% Share
2009
% Share
1,273,324
70.4
88,525
18.3
72,280
4.0
32,493
6.7
Australia
59,840
3.3
36,130
7.5
Japan
20,886
1.2
49,123
10.2
China
18,750
1.0
-
-
2,885
0.2
1,218
0.3
Korea
-
-
538
0.1
Others
359,618
19.9
274,355
56.7
Total FTA Markets
(liters)
102,361
5.7
87,009
18.0
91
5.0
74
20.0
1,807,583
100.0
483,772
100.0
1,842
100.0
368
100.0
Europe
New Zealand
(‘000 US$)
TOTAL (liters)
(‘000 US$)
Source of basic data: Philippine Coconut Authority
(In Metric Tons)
Destination
2010
% Share
2009
% Share
USA
284
51.3
222
53.0
Middle East
112
20.2
45
10.8
Australia
28
5.0
30
7.1
Japan
16
3.0
30
7.2
New Zealand
9
1.6
4
1.0
Korea
9
1.6
1
0.3
Asean (Singapore,
Vietnam)
2
0.4
0
0.1
China
1
0.1
-
-
Others
93
16.8
86
20.6
Total FTA Markets (MT)
65
11.7
65
15.6
(‘000 US$)
48
10.6
49
15.1
554
100.0
418
100.0
450
100.0
323
100.0
TOTAL (MT)
(‘000 US$)
Source of basic data: Philippine Coconut Authority
(Value in US$ FOB)
Destination
2010
% Share
USA
397,185
42.8
Europe
207,772
22.4
China
106,776
11.5
Korea
7,226
0.8
Australia
6,920
0.7
New Zealand
3,703
0.4
Asean (Malaysia)
1,512
0.2
Japan
1,052
0.1
Others
196,358
21.1
Total FTA Markets (US$)
127,189
14.0
TOTAL (US$)
928,504
100.0
Source of basic data: Philippine Coconut Authority
(Volume in MT, Value in US$ FOB)
Commodity
2009
2010
Volume
Value
Volume
Value
43,481
32,229,190
47,008
46,786,049
2,558
3,248,560
2,015
2,924,252
Copra Meal
16,351
3,492,567
17,647
3,593,040
Coco Shell Charcoal
22,859
8,530,674
16,836
6,796,000
3,795
4,255,205
6,753
10,054,541
937
732,247
1,107
1,002,884
10,737
11,375,422
16,088
14,399,495
4,713
3,965,500
3,815
3,653,300
Coco Milk Powder
251
866,915
169
596,232
Liquid Coconut Milk
458
705,885
304
493,830
Others (16 products)
675
640,065
728
445,664
Coconut Oil
Desiccated Coconut
Activated Carbon
Oleochemicals
Glycerin
Nata de Coco
TOTAL VALUE
70,042,230
90,745,287
Source of basic data: Philippine Coconut Authority


China has huge potential. Currently, it
leads in coconut oil, oleochemicals, coir
products, and handicraft items. Other
products still have room for expansion.
Japan is market leader in coconut shell
products as well as coconut water. It also
has significant market share in coconut
oil, desiccated coconut, and oleochemicals

Korea is top copra meal market and
demand is still rising. There has been
more inquiries for the product, reason why
Korean beef is the best in the world
according to buyers. It also imports
substantial amount of coconut oil,
desiccated coconut, oleochemicals,
charcoal and activated carbon.
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ASEAN remains a significant market for
coconut oil, mainly Malaysia and
Indonesia. In the case of copra meal,
Vietnam handles bulk of our export in
ASEAN. It used to be second to Korea
and now overtaken by China.
Australia leads in desiccated coconut in
the FTA markets and in virgin coconut oil
and vinegar.
There has been little utilization in a
number of coconut products in FTA
markets, perhaps due to:
- Low awareness about the product in the
FTA market;
- Low awareness on FTAs and benefits by
exporting FTA country;
- Need for education campaign about FTAs,
products covered, tariff lines and tariff
schedules in both countries, among
others.
