What is the price of fish oil per kilogram/pound in Philippines today?
The retail price range for Philippines fish oil is between US$ 16.69 and US$ 34.60 per kilogram or between US$ 7.57 and US$ 15.69 per pound(lb). Click here to see today's exact prices of fish oil in Philippines
The retail price range in Philippine peso for fish oil is between PHP 928.57 and PHP 1,925.19 per kilogram or between PHP 421.12 and PHP 873.10 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines fish oil is between US$ 11.68 and US$ 24.22 per kilogram or between US$ 5.30 and US$ 10.98 per pound(lb).
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Philippines Fish Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Fish Oil from Philippines has seen a significant fluctuation over the last five years. In 2016, the price was 3.39 US $ per kg, which was the highest in the period. In the following year, the price dropped to 2.03 US $ per kg, and then increased to 2.64 US $ per kg in 2018. In 2019, the price decreased to 1.63 US $ per kg, and then further decreased to 1.26 US $ per kg in 2020. The latest data shows that the price of Fish Oil from Philippines is 2.70 US $ per kg in 2021. Based on the trend, it is predicted that the price of Fish Oil from Philippines will be around 2.50 US $ per kg in 2023 and 2.60 US $ per kg in 2024.Philippines Fish Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Fish Oil into Philippines has seen a significant fluctuation over the past five years. In 2016, the price was at its highest at 3.39 US dollars per kg, before dropping to 0.65 US dollars per kg in 2015. Since then, the price has been gradually increasing, reaching 2.64 US dollars per kg in 2018 and 1.63 US dollars per kg in 2019. The most recent data shows that the price has dropped to 1.26 US dollars per kg in 2020. Looking ahead, it is likely that the import price of Fish Oil into Philippines will continue to fluctuate. Based on the data, it is predicted that the price will increase to 2.7 US dollars per kg in 2021. For the following two years, it is predicted that the price will remain relatively stable, with an estimated price of 2.7 US dollars per kg in 2023 and 2.71 US dollars per kg in 2024.Export values for Philippines fish oil
The total values in export for fish oil in the Philippines were US$ 305, US$ 656, US$ 2,167 and US$ 1,085 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Philippines: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of fish oil in other countries across Asia: Kazakhstan fish oil, Kyrgyzstan fish oil, Tajikistan fish oil, Turkmenistan fish oil, Uzbekistan fish oil, China fish oil, Hong Kong fish oil, Macao fish oil, North Korea fish oil & Mongolia fish oil.
Philippines fish oil - Production, Exports, Imports, Seasons and HS Codes
The volume of fish oil exported by the Philippines in 2020 was 1,725 tons. In 2019 The Philippines sold 665 tonnes of fish oil. For 2019 alone, the market for the Philippines fish oil (processed category) has shrunk, changing by -18.902 pc compared to the year 2018. Between 2017 and 2019, fish oil's exports went up by 105.88 percent netting the Philippines US$1.08m for the year 2019. the Philippiness' fish oil exports are classified as:
- Fats and oils and their fractions of marine mammals, whether or not refined (excluding chemically modified) (HS code 150430)
- Fats and oils of fish and their fractions, whether or not refined (excluding liver oils and chemically modified) (HS code 150420)
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Philippines fish oil export values
In 2019, the Philippines sold fish oil with a value of 1.08m USD, a reduction of -50.16% from 2018's total fish oil export of 2.167m USD. The yearly change in value of the Philippines fish oil between 2017 to 2018 was 230.335 pc.
The annual/yearly variation in the volume of the Philippiness' fish oil exports between 2017 and 2019 was 105.88 percent compared to a variation of -18.902% in the period between 2018 and 2019.
the Philippiness' stake of the world's total fish oil's exports in 2019 was less than 1%. The country is ranked number 56 in world exports of fish oil.
Export markets for Philippines fish oil ( in '000$ )
the Philippines imported 678 tonnes of fish oil in 2019.