The country’s imports of non-alcoholic beverages (NABs) in 2022, which includes sodas, milk teas and juices, could have expanded by a fourth to $120 million with the reopening of the economy.
THE country’s imports of non-alcoholic beverages in 2022, which includes sodas, milk teas and juices, could have expanded by a fourth to $120 million with the reopening of the economy.
“Traders forecast exports of NAB to the Philippines in 2022 will climb to $120 million, up 25 percent year-on-year,” it added. The Philippines imported $96-million worth of NABs in 2021. “Exports from these countries account for almost 80 percent of total NAB exported to the Philippines in 2021,” the USDA-FAS Manila said.
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