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Philippines agribusiness report Q4/2017 includes 5-year forecasts to 2020
- 作者：
- Business Monitor International Ltd
- 年份：
- 2016
- 学科分类：
- F334.14
- 出版地：
- London
- 总页数：
- 88
- 语种：
- English
- 信息来源：
- BMI Research
- 摘要：
- BMI Industry View BMI View: We hold a positive view on the Philippines's agribusiness sector in the long term, given the country's potential for expansion into new sectors, such as palm oil. We particularly like the outlook for sugar mills and believe the livestock sector will continue to show healthy growth rates. The Philippines's vast consumption market along with some government support, will foster domestic and foreign investment and favour output expansion. However, backyard farming and infrastructure problems, especially transport costs, will continue to hamper the sector's growth. These inefficiencies will become increasingly crippling as South East Asia moves towards the ASEAN Economic Community, which is supposed to lead to trade and investment liberalisation across the region. Although the Philippines's government appears to have taken the measure of the challenge and is now supporting rice and sugar production, agriculture in the country remains uncompetitive. As such, the sector is at risk of low-cost imports from its neighbours over the medium term.
