What is the price of beans per kilogram/pound in Philippines today?
The retail price range for Philippines beans is between US$ 11.96 and US$ 22.92 per kilogram or between US$ 5.43 and US$ 10.40 per pound(lb). Click here to see today's exact prices of beans in Philippines
The retail price range in Philippine peso for beans is between PHP 665.81 and PHP 1,275.59 per kilogram or between PHP 301.95 and PHP 578.50 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines beans is between US$ 8.38 and US$ 16.05 per kilogram or between US$ 3.80 and US$ 7.28 per pound(lb).
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Philippines Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beans from Philippines over the last five years has been relatively stable. In 2017, the price was 2.20 US$ per kg, followed by 1.95 US$ per kg in 2018. In 2019, the price dropped to 0.44 US$ per kg, before increasing to 1.47 US$ per kg in 2020 and 1.86 US$ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Beans from Philippines in 2023 will be around 2.00 US$ per kg and in 2024 will be around 2.20 US$ per kg.The exports of beans from the Philippines are classified as:
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
Philippines Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beans into Philippines over the last five years has been quite varied. In 2017, the price was $2.20, the highest of the five-year period. This was followed by a decrease in 2018 to $1.95, and then a further decrease in 2019 to $0.44. In 2020, the price rose to $1.47, and then increased again in 2021 to $1.86. Looking ahead, it is likely that the import price per kilogram of Beans into Philippines will remain relatively stable over the next two years. We predict that the price in 2023 will be $1.86, and the price in 2024 will be $1.95.Export values for Philippines beans
The total values in export for beans in the Philippines were US$ 656, US$ 864, US$ 312 and US$ 1,504 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Pulses/Legumes category in Philippines: Peas, Chickpeas, Red (Adzuki) Beans, Kidney Beans, Bambara beans, Cow Peas (Black Eyed Peas), Lentils, Pigeon Peas, Locust Beans & Black beans.
See prices of beans in other countries across Asia: Kazakhstan beans, Kyrgyzstan beans, Tajikistan beans, Turkmenistan beans, Uzbekistan beans, China beans, Hong Kong beans, Macao beans, North Korea beans & Mongolia beans.
Philippines beans - Production, Exports, Imports, Seasons and HS Codes
The amount of beans sold by the Philippines in 2020 was 2,544 tonnes. In 2019 The Philippines shipped 3,392 tonnes of beans. For the year 2019 alone, the demand for the Philippines beans (pulses/legumes category) has surged, with a change of 2020 percent compared to the year 2018. Between 2017 and 2019, beans' exports went up by 765.31% earning the country US$1.50m for the year 2019. the Philippiness' beans exports are classified as:
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
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Philippines beans export values
In 2019, the Philippines supplied beans with a value of 1.50m USD, a growth of 380.77% from 2018's total beans export of 0.312m USD. The annual growth in value of the Philippines beans between 2017 to 2018 was -63.889 percent.
The yearly variation in the amount of the Philippiness' beans exports between 2017 and 2019 was 765.31 per cent in comparison to a variation of 2020% in the period between 2018 and 2019.
Export markets for Philippines beans ( in '000$ )
the Philippiness' leading destinations for beans are India, US, Australia, Saudi Arabia and South Korea.
the Philippines bought 306,696 tonnes of beans in 2019.
Production
The production of beans in the Philippines was 1,407,756 tonnes in 2019 and is forecast to change by an average of -0.67%. The country had an estimated 1,254,960.00 hectares under beans cultivation.