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Release Date :
Reference Number :
2024-253

 

Value of Agriculture and Fisheries Production

In the second quarter of 2024, the seasonally adjusted value of production in agriculture and fisheries posted a quarter-on-quarter decline of 2.3 percent. This was due to the decreases in the value of crops and fisheries production. (Table 2.1)

Agriculture and Fisheries

 

Value of Crop Production

The seasonally adjusted value of crop production posted a quarter-on-quarter contraction of 4.8 percent. The top contributors to the decline were palay, corn, and sugarcane. (Table 2.1)

Crop

 

Value of Livestock Production

For livestock, the seasonally adjusted value of production recorded a quarter-on-quarter growth of 1.5 percent. Hog was the only contributor to the quarter-on-quarter growth in the value of production during the second quarter of 2024. (Table 2.1)

Livestock

 

Value of Poultry Production

The second quarter of 2024 seasonally adjusted value of poultry production registered a quarter-on-quarter growth of 2.0 percent. The value of chicken production was the major contributor to the quarter-on-quarter growth. (Table 2.1)

Poultry

 

Value of Fisheries Production

The deseasonalized value of fisheries production posted a quarter-on-quarter reduction of 1.0 percent in the second quarter of 2024. The primary contributors to the quarter-on-quarter decline were tigerprawn (sugpo), seaweed, and tilapia. (Table 2.1)

Fisheries

 

 

 

CLAIRE DENNIS S. MAPA, PhD      
Undersecretary      
National Statistician and Civil Registrar General