Home / Knowledge / News / Textiles / Philippine abaca exports increase in Jan'12
Philippine abaca exports increase in Jan'12
Apr '12
Exports of abaca, including abaca pulp, cordage and fibre, earned US$ 8.69 million for Philippines in January 2012, registering a rise of 6 percent compared to abaca exports of US$ 8.2 million achieved during the corresponding month of 2011, according to Fibre Industry Development Authority (FIDA).

The export growth is attributed to rising demand for abaca pulp in traditional markets like Germany, Belgium, China, South Korea, Japan, France, Taiwan, UK and the US.

The exports of abaca pulp, which constituted 82.1 percent of total abaca exports from Philippines, increased by 21.5 percent year-on-year to US$ 7.13 million during the month.

European countries were the top importers of Philippine abaca pulp, accounting for 69.9 percent of share, followed by Asian countries, which accounted for a share of 23.5 percent.

In January 2012, Philippines exported US$ 677,391 worth of abaca cordage, showing a 39.1 percent decline from exports worth US$ 1.11 million made in January 2011. Abaca cordage constituted around 7.8 percent of total abaca exports from Philippines.

Most of the Philippine abaca cordage, that is 76.3 percent, was exported to the US. Europe and Asian countries imported 9.8 percent and 13.9 percent of abaca cordage respectively.

Abaca fibre exports also showed a decline of 1.8 percent year-on-year to US$ 69,507, during the first month of 2012.

During the month, domestic abaca production was 36,110 tons, which was 39 percent more than output of 25,973 tons achieved during the same month in 2011.

The bulk of abaca production in Philippines came from Davao region, Eastern Visayas and Bicol region.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Cindy McNaull

We have broad range of options in durable fabrics

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search