Philippines: Philippines Dairy Supply and Logistics Issues
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The Philippines supplies only one percent of its total dairy requirement, which makes it a competitive market for imported dairy products. The United States and New Zealand are the top two suppliers, the U.S. being the leader. Post sees overall dairy imports recovering in 2022, as the economy reopens, most of the population becomes vaccinated, and business operations expand, all of which will accelerate dairy consumption. The industry is affected by global shipping bottlenecks, the effects of Russia's war on Ukraine, and rising prices. There is no quick solution, but dairy importers will continue to ship imported dairy products despite all these challenges to address the country’s increasing demand.