WORLD MARKET CONDITIONS, GOVERNMENT POLICY AND THE COCONUT INDUSTRY IN THE PHILIPPINES

The Philippines has the largest planted area of coconuts in the world and this crop provides a significant amount of income and employment for smallholders and landless laborers. Nearly all of the coconut harvested is converted into copra for subsequent processing. The bulk of production is exported...

Full description

Bibliographic Details
Main Author: Eric L. Hyman, Ph. D
Format: Article
Language:English
Published: International Coconut Community 1990-12-01
Series:CORD
Subjects:
Online Access:https://journal.coconutcommunity.org/index.php/journalicc/article/view/237
_version_ 1818921066557341696
author Eric L. Hyman, Ph. D
author_facet Eric L. Hyman, Ph. D
author_sort Eric L. Hyman, Ph. D
collection DOAJ
description The Philippines has the largest planted area of coconuts in the world and this crop provides a significant amount of income and employment for smallholders and landless laborers. Nearly all of the coconut harvested is converted into copra for subsequent processing. The bulk of production is exported as crude coconut oil for industrial uses and copra cake for animal feed. Most of the rest goes into refined, edible oil for the domestic market. The industry is subject to major oscillations in supply and demand from year to year. Production is dominated by large‑scale firms currently operating at a low capacity use rate. Real prices may trend downward in the long run due to expanded production from an expansion in the planted area and greater reliance on high‑yield varieties, substitution of other oils, and trade policies of importing countries.
first_indexed 2024-12-20T01:31:44Z
format Article
id doaj.art-b150fdd516e647c1a34c48c6f75b54cb
institution Directory Open Access Journal
issn 0215-1162
2721-8856
language English
last_indexed 2024-12-20T01:31:44Z
publishDate 1990-12-01
publisher International Coconut Community
record_format Article
series CORD
spelling doaj.art-b150fdd516e647c1a34c48c6f75b54cb2022-12-21T19:58:05ZengInternational Coconut CommunityCORD0215-11622721-88561990-12-0106015067https://doi.org/10.37833/cord.v6i01.237WORLD MARKET CONDITIONS, GOVERNMENT POLICY AND THE COCONUT INDUSTRY IN THE PHILIPPINESEric L. Hyman, Ph. DThe Philippines has the largest planted area of coconuts in the world and this crop provides a significant amount of income and employment for smallholders and landless laborers. Nearly all of the coconut harvested is converted into copra for subsequent processing. The bulk of production is exported as crude coconut oil for industrial uses and copra cake for animal feed. Most of the rest goes into refined, edible oil for the domestic market. The industry is subject to major oscillations in supply and demand from year to year. Production is dominated by large‑scale firms currently operating at a low capacity use rate. Real prices may trend downward in the long run due to expanded production from an expansion in the planted area and greater reliance on high‑yield varieties, substitution of other oils, and trade policies of importing countries.https://journal.coconutcommunity.org/index.php/journalicc/article/view/237world marketgovernment policycoconut industry
spellingShingle Eric L. Hyman, Ph. D
WORLD MARKET CONDITIONS, GOVERNMENT POLICY AND THE COCONUT INDUSTRY IN THE PHILIPPINES
CORD
world market
government policy
coconut industry
title WORLD MARKET CONDITIONS, GOVERNMENT POLICY AND THE COCONUT INDUSTRY IN THE PHILIPPINES
title_full WORLD MARKET CONDITIONS, GOVERNMENT POLICY AND THE COCONUT INDUSTRY IN THE PHILIPPINES
title_fullStr WORLD MARKET CONDITIONS, GOVERNMENT POLICY AND THE COCONUT INDUSTRY IN THE PHILIPPINES
title_full_unstemmed WORLD MARKET CONDITIONS, GOVERNMENT POLICY AND THE COCONUT INDUSTRY IN THE PHILIPPINES
title_short WORLD MARKET CONDITIONS, GOVERNMENT POLICY AND THE COCONUT INDUSTRY IN THE PHILIPPINES
title_sort world market conditions government policy and the coconut industry in the philippines
topic world market
government policy
coconut industry
url https://journal.coconutcommunity.org/index.php/journalicc/article/view/237
work_keys_str_mv AT ericlhymanphd worldmarketconditionsgovernmentpolicyandthecoconutindustryinthephilippines