The United States Department of Agriculture (USDA) made this projection in its monthly global grains market report, making its first forecast for calendar year 2025.
The USDA’s initial forecast pegs the Philippines’ total rice imports next year at 4.2 million metric tons (MT) to meet the “continued” increase in consumption that is driven by both growth in population and tourism.
The projected volume is 100,000 MT higher than the county‘s estimated 4.1 million MT of rice imports for this year, according to the USDA.
“The Philippines is expected to again be the largest global rice importer,” the international agency said recently.
If the projection materializes, then it would be the third consecutive year that the country would import the most rice in the global market, based on USDA data.
Bu hikaye The Philippine Star dergisinin May 13, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin May 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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