• Home
  • About Us
  • Advertise
  • Archives
  • Contact Us
  • Smartphone Prices
Wednesday, October 28, 2026
Tech Pilipinas
  • Telecoms
  • Government
  • Fintech
  • Internet
  • Social Media
  • Tutorials
  • Entertainment
  • E-commerce
  • Deals
  • More
    • Gaming
    • Gadgets
    • Mobile
    • Apps
    • Business
    • News
    • Security
No Result
View All Result
  • Telecoms
  • Government
  • Fintech
  • Internet
  • Social Media
  • Tutorials
  • Entertainment
  • E-commerce
  • Deals
  • More
    • Gaming
    • Gadgets
    • Mobile
    • Apps
    • Business
    • News
    • Security
No Result
View All Result
Tech Pilipinas
No Result
View All Result

Home » News » Global ube market valued at $595M, but Philippines earns just $3M

Global ube market valued at $595M, but Philippines earns just $3M

Luis Reginaldo Medilo by Luis Reginaldo Medilo
October 27, 2026
in News
0

An ube industry group is asking the Department of Agriculture (DA) to strictly enforce the ban on fresh purple yam exports. It says neighboring countries are growing Philippine ube varieties while the Philippines earns only $3 million from a global market valued at about $595 million.

Chester Velasquez, president of the United Ube PH Federation, gave the figures on One News’ “The Big Story” on Saturday, October 24. He said the $595 million valuation is as of 2025. “We’re not the number one exporter of ube. That’s the sad reality,” Velasquez said.

At the ₱63.95-per-dollar rate reported on October 26, the global market is worth roughly ₱38 billion. The Philippine share comes to about ₱192 million, or around 0.5 percent. The United States is the largest buyer of Philippine ube products, taking nearly half of the country’s exports.

The suspension covers fresh ube only. Processed products such as ube powder, extract and halaya can still be exported. Velasquez said the DA should enforce the ban more strictly because fresh ube is easy to smuggle.

He said China and Vietnam have been importing fresh ube and growing it themselves, with Vietnam especially aggressive. He also described what he called food fraud: ube grown in China or Vietnam being sold as Philippine ube.

Shortage of planting materials

Problems at home are also slowing production. Velasquez said farmers lack planting materials, including seedlings, tubers, setts and tissue-cultured plants. Some farmers sell their entire harvest instead of keeping tubers for the next planting, which tightens supply further.

Prices are uneven as well. In Romblon, the federation met farmers selling ube for as little as ₱20 to ₱40 per kilo, and some were discouraged from planting again.

The federation is promoting contract-growing arrangements that guarantee buyers and agreed prices. In the setup Velasquez described, the agreed price holds if market prices fall and can be renegotiated if they rise. He added that the industry also needs organic, halal, HACCP and good manufacturing practice certifications to meet export-market requirements.

Funding and next steps

The U.S. Department of Agriculture recently announced a $34.1 million development award, roughly ₱2.2 billion at the same rate. TechnoServe, a US-based organization, will implement it, and it is expected to support 12,500 Filipino ube farmers over five years. A separate ₱300-million government initiative aims to double planting areas.

The federation was formed about three months ago. It brings together farmers, growers, processors, manufacturers, exporters, academe and government agencies to consolidate what Velasquez described as a fragmented industry.

ShareTweetShareShare
Add as a preferred source on Google

If you enjoyed reading this article, you can help support independent tech journalism by adding Tech Pilipinas as a preferred source.

Previous Post

House bill seeks to create Pax Silica advanced manufacturing zone in New Clark City

Next Post

DSWD plans cash assistance program for college students from enrollment to graduation

Luis Reginaldo Medilo

Luis Reginaldo Medilo

Luis Reginaldo Medilo is the founder and editor-in-chief of Tech Pilipinas. He has over 25 years of hands-on experience with computers and the Internet, and has been writing about Philippine technology for over a decade, covering fintech, telecoms, government digital services, and consumer gadgets.

You May Also Like

News

DSWD plans cash assistance program for college students from enrollment to graduation

October 28, 2026
News

House bill seeks to create Pax Silica advanced manufacturing zone in New Clark City

October 27, 2026
News

DSWD schedules UPLIFT payouts: ₱4,000 for Group 2 on Nov. 6, SSS members from Oct. 30

October 25, 2026
News

DSWD confirms UPLIFT second tranche credited to Group 3 SSS beneficiaries on October 23 and 24

October 24, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Articles

Global ube market valued at $595M, but Philippines earns just $3M

October 27, 2026

House bill seeks to create Pax Silica advanced manufacturing zone in New Clark City

October 27, 2026

JET Programme 2027 for Filipinos: Requirements, Salary and How to Apply

October 27, 2026

SSS members earning ₱10,000 or less to receive up to ₱8,000 UPLIFT aid starting Oct. 30

October 26, 2026

How to report establishments that refuse to accept the National ID

October 26, 2026

Featured Articles

passport appointment

How to Schedule a DFA Passport Appointment Online (2026 Updated Guide)

October 9, 2026

How to Apply for a UMID ID Card or SSS ID Online (2026 Updated Guide)

January 20, 2026

How to Apply for the DOST Scholarship Program (2027 Application Guide)

August 6, 2026

How to Get a Pag-IBIG Loyalty Card Plus (2026 Updated Guide)

June 22, 2026

How to Get a PhilHealth ID Card (2026 Updated Guide)

September 7, 2026
Facebook Twitter Instagram Threads Youtube Pinterest

About Us

Tech Pilipinas is the Philippines’ digital lifestyle and technology magazine, helping millions of Filipinos keep up with the challenges of the fast-paced, ever-changing world of technology.

Office Address: General Maxilom Avenue, Cebu City, Cebu, Philippines
Email: [email protected]
Phone: +639055450299

Get it on Google Play

Browse by Category

  • AI
  • Apps
  • Business
  • Computers
  • Deals
  • E-commerce
  • Education
  • Entertainment
  • Finance
  • Fintech
  • Gadgets
  • Gaming
  • Government
  • Internet
  • Jobs
  • Mobile
  • News
  • Reviews
  • Security
  • Social Media
  • Software
  • Technology
  • Telecoms
  • Tutorials
  • Uncategorized
  • ZIP Codes

Popular Tags

BIR DICT DSWD Facebook GCash Globe HDMF mobile wallet online banking online payments online shopping Pag-IBIG Pax Silica PayMaya Philhealth PLDT Smart Social Security System SSS WiFi

Copyright © 2017-2026, Tech Pilipinas and Luis Reginaldo Medilo. All Rights Reserved.
Tech Pilipinas ® is a registered trademark with the Intellectual Property Office of the Philippines with Registration No. 4/2023/00502052.
No part of this site may be copied, reproduced, modified or distributed without the prior written consent of Tech Pilipinas.
Contact Us | Copyright Notice | Disclosure Policy | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Code of Ethics

  • Home
  • Categories
    • Apps
    • Business
    • Computers
    • Deals
    • E-commerce
    • Fintech
    • Gadgets
    • Gaming
    • Government
    • Internet
    • Mobile
    • News
    • Reviews
    • Security
    • Social Media
    • Software
    • Telecoms
    • Tutorials
    • Entertainment
  • About Us
  • Archives
  • Advertise
  • Contact Us
  • Smartphone Prices