Extreme weather impacting Pacific exporters

Extreme weather impacting Pacific exporters

PTI 14 August 2020 – Sixty-five per cent of Pacific Island exporters reported that extreme weather has negatively impacted their business over the past year according to Pacific Trade Invest (PTI) Australia’s ‘2020 Pacific Islands Export Survey’.

Among those affected, 41 per cent said extreme weather conditions have had a major impact on their business.

Now in its eighth year, the biennial survey provides insights into trends, changes and business sentiment across 16 countries in the Pacific Islands. For the first time, the survey of 226 export businesses was expanded to explore the impacts of weather patterns.

Increased frequency of storms (38 per cent), extreme rainfall (26 per cent), rising air temperature over land (19 per cent), decreased rainfall (17 per cent), increased flooding (16 per cent), prolonged drought (14 per cent) and rising sea levels (12 per cent) are some of the weather patterns respondents said have affected their businesses.

According to the survey, agriculture was the industry hardest hit by extreme weather. Of all export businesses affected by extreme weather, decreased productivity (56 per cent), damage to crops or products (50 per cent), and an increased cost of supplies (32 per cent) were reported as some of the main impacts.

“While nearly half of all businesses experienced an increase in export orders over the past 12 months, the survey found a quarter of exporters are now reporting a decline in revenue, as extreme weather and COVID-19 affect productivity and disrupt operations,” said Caleb Jarvis, PTI Australia’s Trade and Investment Commissioner.

“As businesses navigate economic uncertainty, they are feeling less confident about the coming year. Twenty-seven per cent expect a decline in revenue and there has been a significant decline in exporters looking to hire new employees over the next 12 months.

“However, despite the crisis, manufacturing and agriculture remain confident, indicating a strong ongoing demand for their products.”

The Lowy Institute’s Pacific Islands Program Director, Jonathan Pryke, said that while many Pacific Island exporters were doing it tough, there was good cause for optimism.

“The persistent constraints of natural disasters, alongside high fuel, finance and logistics costs, did not stop nearly half of exporters in the survey reporting growth in export revenue in the previous year. However, the pace and ferocity of COVID-19 have up-ended this optimism,” Jonathan said.

“The rapidly changing economic context is reflected in the exporter sentiment. While 61 per cent of businesses expect to see export growth in 2020, these numbers are anchored by manufacturing and agriculture.

“Tourism operators – almost half of the survey sample – are less optimistic, with 49 per cent expecting to see revenues decline,” he said.

The survey found revenue generated from international tourists is expected to decline from all geographic areas, particularly tourists from China, Japan and North America.

“The resumption of air travel through a trans-Pacific bubble will be a critical lifeline for the tourism industry and will help to drive down costs for agricultural exporters, who rely on air freight to get their goods to market,” said Mr Pryke.

To help address economic and environmental challenges, the survey found businesses are driving growth through improving process efficiency, developing new products and services, and enhancing digital marketing. Three-quarters of businesses, particularly in manufacturing, are also using online channels to generate export revenue.

Caleb said, “Following this survey, PTI Australia will continue to help exporters grow their online presence by providing data, knowledge, training and technology – making them more resilient to external shocks. It’s critical that solutions are found to key challenges such as access to affordable online payment solutions, cross-border payments and cost-effective small parcel logistic services.”

The survey also found that 74 per cent of businesses are planning to export to new markets over the next three years. Asia continues to hold the most appeal, while export to Europe and Australia will become increasingly popular, according to the survey.

Export to regions outside of the Pacific Islands continues to be high (94 per cent), with Australia and New Zealand remaining the two major export destinations.

“If there is any silver lining to 2020, it’s that Pacific exporters are accustomed to doing it tough. Despite significant headwinds, many exporters not only prevailed but prospered. Let’s hope that resilience continues in 2020,” Johnathan said.

Please visit the PTI Australia website to access the 2020 Pacific Islands Export Survey full report and highlights report.

SPTO Market Watch – December 2019

SPTO Market Watch – December 2019

SPTO – December 2019

Market Watch is the South Pacific Tourism Organization’s monthly market intelligence summary exclusively for members. This monthly publication highlights the latest travel trends and resident departure movements in the key outbound travel markets for the Pacific, viz. Australia, New Zealand, North America, Europe, Asia, China and India.

*All information published in Market Watch is dependent on the availability of information from the relevant sources for each Source Market.

Monthly Market Watch December 2019 Brief – World Outbound Travel

In December 2019, an estimated 21.8 million international short term trips were undertaken worldwide, by eight international regions. This is a growth from last month’s international short term trips by 8.2% but a fall of 15.3% comparative to last year December.

Looking at total shares, USA leads the charge at 37.9%, followed by the Chinese at 22.9%. The United Kingdom lags behind at 17.5%, meanwhile in Asia, Singapore trails behind South Korea at 5.9% to 10.4% respectively. The minority of outgoing travellers from Australia, New Zealand and India capture the remaining 5.4%.Read more…

Provisional Hotels And Tourist Accommodation Statistics, Quarter 3, 2019

Provisional Hotels And Tourist Accommodation Statistics, Quarter 3, 2019

FBoS Release No. 01 – 15th January 2020.

Compared to Quarter 3, 2018:
 The number of Rooms Available increased by 6.0%.
 The number of Rooms Sold increased by 8.4%.
 The Room Occupancy Rate increased by 1.3 percentage points to 62.1%.
 The number of Beds Available increased by 2.0%.
 The number of Beds Sold increased by 6.5%.
 The Bed Occupancy Rate increased by 2.4 percentage points to 57.8%.
 Takings from Accommodation, Sales of Food, Liquor, Telephone and Other
Miscellaneous Charges totaled $371.4 million, an increase of 6.8%.
 Paid Employment in the Hotel Sector increased by 3.2%.

View More..

FBoS Provisional Visitors Arrival – October

FBoS Provisional Visitors Arrival – October

Fiji Bureau of Statistics – 25 November 2019

  • Visitors arrival for the last 12 months increased by 2.6% in comparison to 2018, showing an increase in visitors from Japan (40.3% or 4,295), Rest of Asia (6.8% or 1,860), USA (12.3% or 10,528), NZ (4.1% or 8,063), UK (4.9% or 804), Canada (2.4% or 317) and Pacific Islands (2.6% or 1,364).
  • The YTD arrivals also reflect this modest increase from NZ (3.9%) USA (14.0%) Canada (0.5%), UK (6.6%), Japan (30.9%), Rest of Asia (10.4%), Pacific Is (5.9%), Other (6.4%) and a decrease from Australia (-0.1), Cont. Europe (-1.0), China (-3.7%) and South Korea (-8.7%).
  • The Fiji Bureau of Statistics has reported 893,585 overall visitor arrivals for its financial year of which the majority of visitors were Australians (40.0%) and 23.6% New Zealanders.
  • Provisional visitor’s arrivals for October totaled 77,467 a decrease of 2.0% compared to a year earlier.
  • Read more…

 

 

FBOS Provisional Visitors Arrival – August 2019

FBOS Provisional Visitors Arrival – August 2019

Fiji Bureau of Statistics, 16 September 2019 – Visitors arrival into the country in August show an increase of 0.2% compared to a year earlier.

Increases were recorded in the number of visitors from;

  • United States of America
  • New Zealand
  • China
  • Rest of Asia
  • Continental Europe

Decreases in the number of visitors recorded from;

  • Australia
  • Canada
  • Pacific Islands
  • Japan
  • South Korea
  • United Kingdom

Visitor arrivals for the last 8 months for this year recorded a 4.4 percent increase.

Full report: FBoS Statistical News

FBOS Provisional Visitors Arrival – July 2019

FBOS Provisional Visitors Arrival – July 2019

Fiji Bureau of Statistics, 21 August 2019 – Visitors arrival into the country in July show an increase of 1.4% compared to a year earlier.

Increases were recorded in the number of visitors from;

  • Australia
  • United States of America
  • Pacific Islands
  • United Kingdom
  • Continental Europe

Decreases in the number of visitors recorded from;

  • New Zealand
  • China
  • Japan
  • South Korea
  • Canada
  • Rest of Asia

Visitor arrivals for the  last 7 months for this year recorded a 5.2 percent increase.

Full report: FBoS Statistical News

RBF Economic Review – June 2019

RBF Economic Review – June 2019

RBF Review – 12th July, 2019

Global economic prospects report downgraded its global growth forecast to 2.6% in 2019 from the 2.9% that was projected in Jan.
– Visitor arrivals increased by 6.5% in the year to May due to higher arrivals from NZ, Japan, the US, Australia and the Rest of Asia.
– New consumption lending by commercial banks’ rose by 7.8% in the year to May and new bank lending for investment purposes declined by 20.1%.
– Annual inflation was 2.1% in May unchanged from April but lower than the 5.1% in May last year.
– Liquidity fell by 10.2% in May to $323.2m on account of a decline in foreign reserves.
– In May, the Fiji dollar strengthened against the NZ dollar (+1.4%) and Australian (+1.0%) but weakened against the US (-1.05%), Japanese Yen (-2.9%) and the Euro (-0.6%). Read more…

FBOS Provisional Hotels and Tourist Accommodation Statistics, Quarter 1, 2019

FBOS Provisional Hotels and Tourist Accommodation Statistics, Quarter 1, 2019
FBOS 
Compared to 2018 Quarter 1;
– the number of rooms available increased by 0.5% and rooms sold increased by 3.7%
– the number of beds available increased by 1.0% and beds sold increased by 3.7%
– room occupancy rate increased by 1.5% and the bed occupancy rate increased by 1.1%
– paid employment in the hotel sector increased by 3.4% 
– receipts from the accommodation, sales of food, liquor, telephone, and other miscellaneous charges increased by 14.0%.

Pacific Regional Tourism Employment Survey

Pacific Regional Tourism Employment Survey

SPTO

The South Pacific Tourism Organization (SPTO), is undertaking an online Pacific Regional Tourism Employment Survey.  Employment is one of the key benefits of tourism.  Unlike many other industries, tourism employment is intensive, as it employs a lot of people.  In fact, people are one of the greatest assets of a destination, and they generate many of the best memories that tourists take home with them.

The last employment survey conducted by SPTO was in 2014, recording a total of 61,400 employed in the tourism sector across 14 Pacific Island Countries (PICs). However, it is important to review the current level of tourism employment in the PICs, useful for future sustainable planning, and ensuring that there are jobs for our generation, and future generations, in this important sector.  The need to gain a deeper understanding on the current and future skills supply and demand in the tourism sector is also critical for the PICs, and that employment training needs are aligned.

For these reasons, the SPTO is undertaking the employment survey by asking business that provide goods and services to tourists to tell us about how many people they employ and what their current and future skills supply and demands are.  SPTO kindly request the honor of your business to participate in this online survey by filling the attached form.  All businesses that complete the survey will go into the draw where SPTO will be giving away an iPad in-box.

The survey should take 15 – 20 minutes, and will run till Sunday the 30th of June 2019.   If you have further queries or need further clarifications, please contact Elizabeth Ragimana, Manager Research & Statistics, via research@spto.org.

All information provided to the SPTO will remain highly confidential and only aggregated results will be published.

Thank you for your cooperation and we look forward to your response. START YOUR SURVEY NOW

FBoS Release No.64 Provisional Visitor Arrivals – August 2018

FBoS Release No.64 Provisional Visitor Arrivals – August 2018

Provisional numbers show that 88,693 visitors arrived into the country in August 2018. The number was a record for the month of August and represents an increase of 7.7% compared to a year earlier.

The majority of visitors to Fiji in August 2018 were in the age range 25-64 (66.2%), which accounts for the vast majority of the working age population.

The visitor arrival by country and number were as follows;

1) Australia –  with 34,641 visitors
2) New Zealand –with 24,065 visitors
3) United States of America – with 7,727 visitors
4) China –  with 4,970 visitors
5) United Kingdom –  with 1,486 visitors

Click Release No. 64 Prov. Visitor Arrivals – August 2018 Release for more