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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.

 

 

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