In the 1950s and 1960s, sugar accounted for more than 20 percent of Philippine exports. Its share declined somewhat in the 1970s and plummeted in the first half of the 1980s to around 7 percent. The sugar industry was in a crisis. Part of the problem was a depressed market for sugar.
Sugar production in the Philippines for crop year 2019/2020 is projected to reach 2.1 million tons amid higher domestic consumption and as local prices remain higher than global levels, Fitch Solutions Macro Research said in its industry trend analysis.
2017-4-6 · According to SRA, the sugar industry contributes about P87 billion to the national economy, with more than 700,000 workers and 5 million of their dependents. In MY 2015/16, the average millsite price of "A" raw sugar for the U.S. market was P1,100/50-kg bag.
2016-12-5 · PDF | On Dec 5, 2016, Teodoro C Mendoza published THE PHILIPPINE SUGAR INDUSTRY: WHAT NEEDS TO DONE | Find, read and cite all the research you need on ResearchGate
2019-2-21 · The 28 sugar mills operate at 66-percent capacity, giving an average recovery of 1.8 bags/ton cane (one bag=50 kilograms), which is low considering the sugar recovery of 2.4 bags in more efficient mills. There are also 14 sugar refineries and four bioethanol distilleries producing 25 percent of the mandated ethanol market.
This study explores the issue of why the Philippine sugar industry declined so quickly in the period between 1974 (when sugar brought $785 million to the country or 27% of total export value) and 1985 (when sugar income dropped to only $246 million or 4.6% of export value). There are four explanations. First, some argue that the internal feudal system in the sugar industry is a key factor.
The first challenge for the Philippine sugarcane industry is the reduction in tariff of imported sugar which was 38% last year, 28% this year, 18% next January, 10% in January 2014 and down to 5% in January 2015. The Philippine sugar market is driven by market forces.
, "The Philippine Sugar Industry," Philippine Sugar Year Book, 1950. Hester for many years was economic adviser to the American governors-general and high commissioners in the Philippines; Mirasol was at one time on the faculty of the Los Baños College
2013-1-31 · Philippine Institute for Development Studies Surian sa mga Pag-aaral Pangkaunlaran ng Pilipinas The PIDS Discussion Paper Series constitutes studies that are preliminary and subject to further revisions. They are be-ing circulated in a limited number of cop-ies only for purposes of soliciting com-ments and suggestions for further refine-ments.