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Attaché Report (GAIN)

Philippines: Dairy and Products Annual

FAS Manila forecasts demand for dairy products to increase 3 percent to 3.5 million metric tons (MT) in liquid milk equivalent (LME) in 2024, as high prices slow growth in consumer demand. The Philippines imports 99 percent of its dairy requirement...
FAS Manila projects the food service sector to grow at 20 percent as the tourism and hotel industry improves in 2023.