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