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5. Key Commodity Performance - National Agricultural and Fishery ...

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Figure <strong>5.</strong>1.4 RICE: Average Yield, 1993-2004<br />

Yield (ton/ha)<br />

4.00<br />

3.50<br />

3.00<br />

2.50<br />

2.00<br />

1.50<br />

1.00<br />

0.50<br />

-<br />

Source: BAS<br />

Trade<br />

93 94 95 96 97 98 99 00 01 02 03 04<br />

<strong>5.</strong>1.6 The Philippines is still a net importer of rice despite the m<strong>and</strong>ate of AFMA<br />

for self-sufficiency. There was minimal import in 1993-1995 which shot up in<br />

1996 likely caused by the 1995 El Niño phenomenon. Imports peaked in 1998 to<br />

two million tons as a result of the severe El Niño <strong>and</strong> again reached over one<br />

million tons in 2002. Rice imports during the pre-AFMA period averaged<br />

690,0000 tons which grew to an average 840,000 tons from 1999-2004. Total<br />

import expenditure amounted to $1.27 billion <strong>and</strong> $1.13 billion during the pre-<br />

AFMA <strong>and</strong> post-AFMA period, respectively. It is expected that total imports for<br />

2005 will reach 1.6 million tons.<br />

<strong>5.</strong>1.7 Comparing the volume indices, it can be seen that there have not been<br />

enough spikes in production to abate the seeming periodic surges in imports<br />

following the occurrence of an extreme weather disturbance such as the El Niño.<br />

Figure <strong>5.</strong>1.5 RICE: Production <strong>and</strong> Import Volume Index, 1993-2004<br />

Volume Index<br />

(1993=100)<br />

1,200<br />

1,000<br />

800<br />

600<br />

400<br />

200<br />

-<br />

Production<br />

Import<br />

93 94 95 96 97 98 99 00 01 02 03 04<br />

Source of basic data: BAS <strong>and</strong> NSO<br />

5- 4

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