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First Quarter 2006
Gross National Product &
Gross Domestic Product by Industrial Origin
Gross Value Added in Agriculture, Fishery and Forestry ![]()
AFF rebounds in the first quarter
Agriculture, Fishery and Forestry, which accounted for 20.3 percent of total GDP, rebounded as it reported gains in production, contributing 0.79-percentage point to the total GDP growth. Driving the sector’s growth were Corn, Palay, Fishery and Banana. Poultry and Other Crops, on the other hand, pulled down growth during the quarter.
Palay and corn regain strength
Palay bounced back with a substantial growth of 6.9 percent in the first quarter of 2006 from the negative 1.5 percent recorded in 2005. This was largely attributed to the expansion in harvest area and higher yield per area as a result of the wider use of quality seeds and favorable weather conditions which prevailed during the period. Corn made a hefty recovery with a remarkable growth of 22.1 percent compared with the output shortfall of 18.3 percent last year with the expansion in harvest area and improved productivity. It benefited from the government’s provision of technical assistance to farmers, wider use of hybrid seeds and better weather conditions. Sugarcane production picked up from negative 4.3 percent to a modest growth of 1.5 percent, boosted by higher prices and the increase in the country’s export quota to the US.
Banana jumped to 14.6 percent from 3.4 percent as increased demand for the export of banana encouraged the expansion of banana plantations in Davao del Norte, Davao del Sur, Davao City, Compostela Valley and Davao Oriental. Coconut production continued to grow by 2.1 percent from 4.9 percent with sustained local demand and improved prices of Copra. Meanwhile, Other Crops improved with a lower negative growth of 1.0 percent from negative 2.6 percent in the previous year as production in Pineapple, Cassava, Camote and Rubber increased.
Livestock grew by 2.2 percent in the first quarter of 2006 from a marginal growth of 0.3 percent in the previous year. Growth was attributed to increased inventory and number of slaughtered hogs and goats; and improved dairy production from cattle and carabao.
Poultry declined to negative 3.7 percent from a growth 6.7 percent growth in the same period last year, weighed down by the substantial loss in broiler production from commercial farms and duck and duck egg production.
Fishery sustains favorable performance
Fishery production continued to post gains, as it grew by 4.7 percent in the first quarter of 2006 from 5.3 percent in the previous year. Aquaculture led the industry’s growth as a result of improved management practices in milkfish culture in Region 3 and the rise in the production of seaweeds in Maguindanao. Similarly, the abundance of certain fish species and the strict implementation of fishery laws in Palawan resulted in higher municipal fish catch during the period. On the other hand, commercial fishing suffered setbacks in production due to the high cost of fuel which adversely affected the number of fishing trips, the fish scare in Sorsogon caused by the Lafayette tail mining spills and reduced fishing efforts in Western Visayas due to frequent rains and rough seas.
Forestry recovers from shortfall
Forestry surged to a growth of 46.4 percent in the first quarter of 2006, reversing its trend from its shortfall of 55.6 percent in 2005
GROSS VALUE ADDED in AGRICULTURE, FISHERY & FORESTRY
1st Quarter 2006 and 1st Quarter 2005
IN MILLION PESOS
At Constant 1985 Prices
INDUSTRY/INDUSTRY GROUP |
Q1 2005 |
Q1 2006 |
Growth Rate (%) |
| 1. AGRICULTURE INDUSTRY | 58,098 | 60,235 | 3.7 |
| a. AGRICULTURE | 45,378 | 46,918 | 3.4 |
| Palay | 9,044 | 9,669 | 6.9 |
| Corn | 2,985 | 3,645 | 22.1 |
| Coconut including copra | 2,001 | 2,044 | 2.1 |
| Sugarcane | 2,834 | 2,877 | 1.5 |
| Banana | 1,217 | 1,394 | 14.6 |
| Other crops | 11,584 | 11,470 | -1.0 |
| Livestock | 6,763 | 6,910 | 2.2 |
| Poultry | 6,677 | 6,432 | -3.7 |
| Agricultural activities & services | 2,273 | 2,477 | 9.0 |
| b. FISHERY | 12,719 | 13,317 | 4.7 |
| 2. FORESTRY | 163 | 239 | 46.4 |
| AGRI., FISHERY, AND FORESTRY | 58,261 | 60,474 | 3.8 |
At Current Prices
INDUSTRY/INDUSTRY GROUP |
Q1 2005 |
Q1 2006 |
Growth Rate (%) |
| 1. AGRICULTURE INDUSTRY | 182,115 | 204,386 | 12.2 |
| a. AGRICULTURE | 153,953 | 173,196 | 12.5 |
| Palay | 28,672 | 32,419 | 13.1 |
| Corn | 8,392 | 12,328 | 46.9 |
| Coconut including copra | 10,592 | 9,721 | -8.2 |
| Sugarcane | 9,039 | 11,939 | 32.1 |
| Banana | 7,064 | 8,509 | 20.5 |
| Other crops | 38,593 | 46,605 | 20.8 |
| Livestock | 27,717 | 27,151 | -2.0 |
| Poultry | 16,051 | 15,875 | -1.1 |
| Agricultural activities & services | 7,833 | 8,649 | 10.4 |
| b. FISHERY | 28,162 | 31,190 | 10.8 |
| 2. FORESTRY | 502 | 754 | 50.2 |
| AGRI., FISHERY, AND FORESTRY | 182,617 | 205,139 | 12.3 |
GROSS VALUE ADDED in AGRICULTURE, FISHERY & FORESTRY
2004 and 2005
IN MILLION PESOS
| INDUSTRY | AT CURRENT PRICES | AT CONSTANT PRICES | ||
| 2004 | 2005 | 2004 | 2005 | |
| AGRI.FISHERY,FORESTRY | 733,068 | 777,064 | 226,612 | 230,762 |
| a. Agriculture and fishery | 729,596 | 774,514 | 225,287 | 229,852 |
| b. Forestry | 3,472 | 2,551 | 1,325 | 910 |
Source: National Statistical Coordination Board (NSCB)
Posted May 31, 2006.
NATIONAL ACCOUNTS OF THE PHILIPPINES |
| Main Page |
1st Quarter 2006 |
| Main Page | by Industrial Origin |
Agriculture,
Fishery & Forestry |
| Industry |
| Services |
| by Expenditure Share |
| Per Capita GNP |
| Details of Factor Flows |
| Seasonally Adjusted Series |
| Confidence Intervals for the True Growth Rate of the GDP |
| Sources of Revision |
| Press Release |
RELATED LINKS |
| Time Series Table |
| SNA Technical Notes |
| Publication |