December 27, 2017
Philippine chicken meat demand unmet by local producers
The Philippines isn't meeting an estimated 20% of local chicken meat demand, and big local suppliers would rather meet this demand first than export their products.
Ricardo Manuel Sarmiento, president and CEO of poultry producer Vitarich said in a recent news briefing that the company wants to help wipe out the annual shortfall in Philippine poultry production, Business Mirror reports.
"Our estimate is out of the total requirement of the Philippines, 20 percent is still imported so there's a lot of room to grow in terms of producing chicken, which would also benefit Filipino farmers," Sarmiento said.
"I have dreams of tapping the export market but local supply is not enough. So, our focus is to supply the local market," he added.
Data from the Bureau of Animal Industry (BAI) showed that the country's meat imports rose to its highest in 2016 at 646,503.7 tonnes, or 10.28% higher than 586,263.9 tonnes recorded in 2015, according to the Business Mirror.
Chicken imports increased 18.44% 234,742.76 tonnes last year from 2015's 198,193.29 tonnes.