The increasing buying power of Filipinos will double the country’s meat imports by 2027, according to a joint report of the Organization for Economic Cooperation and Development (OECD) and Food Agriculture Organization (UN-FAO).
The OECD and UN-FAO’s report entitled “Agricultural Outlook 2018-2027”, reveals that the country’s total meat output would reach 4.397 million tonnes in carcass weight (MMT-CWE), 26.68% higher than the 2015-2017 average production of 3.471 MMT-CWE by 2027. The data on Philippine meat output covers pork, poultry, beef and lamb. Pork production is expected to account for more than half of the country’s total meat output in the next 10 years.