{"id":89266,"date":"2017-02-13T18:17:59","date_gmt":"2017-02-13T23:17:59","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=89266"},"modified":"2017-02-13T18:17:59","modified_gmt":"2017-02-13T23:17:59","slug":"phl-sees-coconut-export-revenues-rising-10-to-20-in-two-years","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/02\/13\/phl-sees-coconut-export-revenues-rising-10-to-20-in-two-years\/","title":{"rendered":"PHL sees coconut export revenues rising 10% to 20% in two years"},"content":{"rendered":"<figure id=\"attachment_89267\" aria-describedby=\"caption-attachment-89267\" style=\"width: 742px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/13668000_1051748504932308_826669606379968761_o.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-89267\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/13668000_1051748504932308_826669606379968761_o.jpg\" alt=\"Philippine Coconut Authority (PCA) Administrator Billy Andal cited coconut products with huge potential in more export markets, particularly coconut sugar, coconut syrup, coco fiber and even lotion and mouth freshener from coconut oil. (Photo: Philippine Coconut Authority\/ Facebook)\" width=\"742\" height=\"960\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/13668000_1051748504932308_826669606379968761_o.jpg 742w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/13668000_1051748504932308_826669606379968761_o-232x300.jpg 232w\" sizes=\"auto, (max-width: 742px) 100vw, 742px\" \/><\/a><figcaption id=\"caption-attachment-89267\" class=\"wp-caption-text\">Philippine Coconut Authority (PCA) Administrator Billy Andal cited coconut products with huge potential in more export markets, particularly coconut sugar, coconut syrup, coco fiber and even lotion and mouth freshener from coconut oil. (Photo: <a href=\"https:\/\/www.facebook.com\/PhilippineCoconutAuthority\">Philippine Coconut Authority\/ Facebook<\/a>)<\/figcaption><\/figure>\n<p>MANILA \u2013The Philippines expects revenues from coconut product exports to increase 10 to 20 percent over the next two years, as demand continues to grow worldwide.<\/p>\n<p>Philippine Coconut Authority (PCA) Administrator Billy Andal cited coconut products with huge potential in more export markets, particularly coconut sugar, coconut syrup, coco fiber and even lotion and mouth freshener from coconut oil.<\/p>\n<p>\u201c(Our exports will grow) exponentially because for the demand alone for coco fiber, we are not even (meeting) 50 percent of the demand; coco sugar we are not even (meeting) 50 percent,\u201d he said interview.<\/p>\n<p>Andal said Europe remained the country\u2019s biggest market for these coconut products.<\/p>\n<p>He added the country was looking to penetrate new markets, such as Russia and China.<\/p>\n<p>Total export sales receipts from coconut products reached USD 2 billion in 2016.<\/p>\n<p>Andal is optimistic about sustaining this year coconut production in 2016 to meet export demand amid typhoon \u201cNina\u201d that hit the country last December.<\/p>\n<p>\u201cIn 2018, we can hit 20 percent (export revenue growth), this year by 10 percent\u2026 2018 will be an opener for us considering we have a lot of money by then,\u201d he further said.<\/p>\n<p>The PCA expected an increase in coconut yield and higher exports in the next few years amid plan of a group of coconut farmer\u2019s organizations to withdraw its petition before the Supreme Court that resulted in a temporary restraining order (TRO) on the utilization of Php75-billion coco levy funds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2013The Philippines expects revenues from coconut product exports to increase 10 to 20 percent over the next two years, &hellip;<\/p>\n","protected":false},"author":33,"featured_media":89267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[13515,3228,579],"class_list":["post-89266","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","tag-billy-andal","tag-philippine-coconut-authority","tag-revenues","mauthors-leslie-d-venzon","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/89266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=89266"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/89266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/89267"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=89266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=89266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=89266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}