What is the price of cashew nuts per kilogram/pound in Philippines today?
The retail price range for Philippines cashew nuts is between US$ 5.32 and US$ 12.76 per kilogram or between US$ 2.41 and US$ 5.79 per pound(lb). Click here to see today's exact prices of cashew nuts in Philippines
The retail price range in Philippine peso for cashew nuts is between PHP 295.93 and PHP 710.24 per kilogram or between PHP 134.21 and PHP 322.11 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines cashew nuts is between US$ 3.72 and US$ 8.93 per kilogram or between US$ 1.69 and US$ 4.05 per pound(lb).
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Philippines Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cashew Nuts from Philippines has seen a steady increase over the last five years. In 2016, the price was 1.60 US $ per kg, followed by 1.53 US $ per kg in 2017. In 2018, the price rose to 1.83 US $ per kg and then dropped to 1.02 US $ per kg in 2019. The price then increased to 1.06 US $ per kg in 2020 and 1.23 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Cashew Nuts from Philippines will be 1.45 US $ per kg in 2023 and 1.68 US $ per kg in 2024.The exports of cashew nuts from the Philippines are classified as:
- Fresh or dried cashew nuts, in shell (HS code 080131)
- Fresh or dried cashew nuts, shelled (HS code 080132)
Philippines Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cashew Nuts into Philippines has seen a fluctuating trend over the last five years. In 2017, the price was at its highest at $1.53, followed by a slight dip to $1.83 in 2018. The price then dropped to its lowest point of $1.02 in 2019, before rising again to $1.06 in 2020 and $1.23 in 2021. Looking ahead, it is likely that the import price per kilogram of Cashew Nuts into Philippines will continue to fluctuate in the coming years. We can predict that the price will be around $1.30 in 2023 and $1.45 in 2024.Export values for Philippines cashew nuts
The total values in export for cashew nuts in the Philippines were US$ 489, US$ 665, US$ 97 and US$ 265 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Philippines: Coconuts, Brazil Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of cashew nuts in other countries across Asia: Kazakhstan cashew nuts, Kyrgyzstan cashew nuts, Tajikistan cashew nuts, Turkmenistan cashew nuts, Uzbekistan cashew nuts, China cashew nuts, Hong Kong cashew nuts, Macao cashew nuts, North Korea cashew nuts & Mongolia cashew nuts.
Philippines cashew nuts - Production, Exports, Imports, Seasons and HS Codes
The quantity of cashew nuts exported by the Philippines in 2020 was 330 tonnes. In 2019 The Philippines sold 259 tonnes of cashew nuts. For 2019 alone, the demand for the Philippines cashew nuts (nuts category) has improved, with a change of 388.679 pc compared to the year 2018. Between 2017 and 2019, cashew nuts' exports reduced by -40.6 pc earning the nation US$0.26m for the year 2019. the Philippiness' cashew nuts exports are categorised as:
- Fresh or dried cashew nuts, shelled (HS code 080132)
- Fresh or dried cashew nuts, in shell (HS code 080131)
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Philippines cashew nuts export values
In 2019, the Philippines shipped cashew nuts worth 0.26m USD, an increment of 168.04% from 2018's total cashew nuts export of 0.097m USD. The yearly growth in value of the Philippines cashew nuts between 2017 to 2018 was -85.414 pc.
The per year variation in the quantity of the Philippiness' cashew nuts exports between 2017 and 2019 was -40.6 percent compared to a variation of 388.679% in the period between 2018 and 2019.
Export markets for Philippines cashew nuts ( in '000$ )
the Philippiness' best performing destinations for cashew nuts are Thailand, China, US, Turkey and Vietnam.
the Philippines ordered 1,178 tonnes of cashew nuts in 2019.
Production
The production of cashew nuts in the Philippines was 484,658 tonnes in 2019 and is estimated to change by an average of 6%. The country had approximately 57,376.00 hectares under cashew nuts cultivation.