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The Role of Philippine Local Traders in the Domestic and International Market for Quality Seaweeds
Earl Joanne Santos-Ramirez,Paul Joseph B. Ramirez,Orelie B. Delas Alas,Carlos L. Magnaye 한국무역학회 2019 한국무역학회 국제학술대회 Vol.2019 No.08
This paper highlights the important role of traders in the seaweeds value chain in the Philippines. Using rapid appraisal and value chain approaches, the study analyzed the contribution of traders in terms of their value additions and essential activities necessary to bring quality raw dried seaweeds and semi-refined carrageenan to final markets. In the two cases studied, results showed that, on a per kilogram basis, the barangay and large/provincial traders received the least share among value chain players but are compensated commensurately. For both established and emerging seaweeds value chain areas examined, the role of the traders in linking up players and matching the supply and demand by effectively consolidating to meet volume and quality requirements and ensuring competitive prices was found indispensable.
Paul Joseph B. Ramirez,Earl Joanne Santos-Ramirez,Orelie B. Delas Alas,Carlos L. Magnaye 한국무역학회 2019 한국무역학회 국제학술대회 Vol.2019 No.08
The paper focused on identifying potential upgrading solutions along the seaweeds value chain in the Philippines. Using rapid appraisal and value chain approaches, the study revealed that the seaweeds industry is performing relatively well but there is still room for improvement. Based on two sets of value chain cases analyzed, the industry can capture greater value and revenues by transforming raw dried seaweeds to carrageenan rather than selling the former outright to other countries. The estimated value added in the two cases displayed that the processors in both scenarios receive much better gains, triple at the least of the raw dried seaweed exporters. This can also improve utilization of existing seaweeds processing plants and support the employment of local workers. Apart from the fact that the country has a competitive advantage in producing quality carrageenan, it will save the carrageenan plants from sourcing out their raw dried seaweeds inputs from its competitor countries that would also have impact on the bottom lines of the industry.