Fishing industry group had the most number of establishments in the agriculture, forestry, and fishing section
The Annual Survey of Philippine Business and Industry (ASPBI) final results showed that a total of 74 establishments in the formal sector of the economy were engaged in agriculture, forestry, and fishing (AFF) activities in 2021. This represents an increase of 85.0 percent from the 40 establishments recorded in 2020. (Table A)
Among industry groups, fishing posted the highest number of 27 establishments (36.5%). This was followed by animal production with 17 establishments (23.0%) and aquaculture with 11 establishments (14.9%). (Figure 1 and Table 1)
Aquaculture industry group employed the highest number of workers
The total employment in the AFF section of the MIMAROPA Region was recorded at 2,344 workers as of 15 November 2021. This indicates an increase of 9.5 percent from the 2,140 workers reported on the same date in 2020.
In terms of worker’s sex, male workers constitute 86.8 percent of the total employment or 2,034 workers, while the remaining 310 workers were female (13.2%). Of the total workforce for the AFF section, 2,291 workers or 97.7 percent were paid employees, while the remaining were working owners and unpaid workers. (Table A, Table B and Table 1)
Among industry groups, aquaculture registered the highest employment of 1,150 workers and a 49.1 percent share to the total employment of the AFF section in the region. This was followed by fishing with a total of 736 workers (31.4%) and animal production with a total of 231 workers (9.9%). (Figure 2)
The AFF section recorded an average of 32 workers per establishment in 2021. This represents a 40.7 percent decline from the reported 54 workers per establishment in the previous year. (Table A and Table 2)
Among industry groups, aquaculture had the highest average employment of 105 workers per establishment. Moreover, this was the only industry group under AFF section in the region that surpassed the regional employment per establishment ratio of 32 workers per establishment. Meanwhile, fishing and the combined growing of perennial crops and plant propagation followed with an average employment of 28 workers and 23 workers per establishment, respectively. (Table 2)
Aquaculture industry group paid the highest average annual compensation per paid employee
In 2021, the total compensation paid by the section to its employees amounted to PhP 350.08 million. This translates to an average annual compensation of PhP 152,804 per paid employee, which indicates a 12.0 percent decrease from the recorded average annual pay of PhP 173,629 per paid employee in 2020. (Table A)
By industry group, employees from aquaculture received the highest average annual compensation of PhP 241,412 per paid employee in 2021. This was followed by growing of non-perennial crops, and the combined growing of perennial crops and plant propagation industry groups with average annual compensation per paid employee of PhP 139,263 and PhP 111,725, respectively. (Figure 3 and Table 2)
Aquaculture industry group contributed the major share to the total revenue and total expense
The total revenue generated by the AFF section in 2021 reached PhP 1,167.00 million, indicating an increase of 85.0 percent from the PhP 708.51 million reported revenue in 2020. On the other hand, the total expense incurred by the section amounted to PhP 1,173.65 million in 2021, which shows a 41.5 percent uptick from the PhP 829.42 million total expense posted in 2020. (Figure 4, Table A, and Table 1)
Among industry groups, aquaculture contributed the highest share to AFF’s total revenue amounting to PhP 615.06 million (52.7%) in 2021. Animal production and fishing followed with a corresponding total revenue of PhP 276.41 million (23.7%) and PhP 137.71 million (11.8%). (Figure 4 and Table 1)
In terms of expenses, the top spender was aquaculture industry group with PhP 640.75 million. This translates to a 54.6 percent share to the AFF’s total expenses. Animal production and fishing came next with incurred total expenses of PhP 280.31 million (23.9%) and PhP 126.98 million (10.8%), respectively. (Figure 4 and Table 1)
Aquaculture industry group contributed the major share to the total revenue and total expense
In 2021, the revenue per peso expense ratio of the agriculture, forestry, and fishing section was recorded at 1.00, which reflects an increase of 16.5 percent from the recorded 0.85 revenue per expense ratio in 2020. This indicates that for every peso spent in 2021, the section generated a corresponding revenue of PhP 1.00. (Table A and Table 2)
By industry group, growing of non-perennial crops registered the highest revenue per peso expense ratio of 1.24. Fishing came second with a recorded revenue per peso expense ratio of 1.08. The combined growing of perennial crops and plant propagation industry groups posted a revenue per expense ratio of 1.05. Other industry groups whose revenue per peso expense ratio is lower than the regional level include animal production (0.99), aquaculture (0.96), and support activities to agriculture and post-harvest crop activities (0.66). (Table 2)
(SGD) LENI R. RIOFLORIDO
Regional Director
MLLM / OHG / RRL
