What is the price of rice per kilogram/pound in Philippines today?
The retail price range for Philippines rice is between US$ 0.65 and US$ 1.43 per kilogram or between US$ 0.30 and US$ 0.65 per pound(lb). Click here to see today's exact prices of rice in Philippines
The retail price range in Philippine peso for rice is between PHP 36.24 and PHP 79.62 per kilogram or between PHP 16.44 and PHP 36.11 per pound(lb) in Manila and Quezon.
In 2023, the approximate wholesale price range for Philippines rice is between US$ 0.46 and US$ 1.00 per kilogram or between US$ 0.21 and US$ 0.45 per pound(lb).
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Philippines Rice Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rice from Philippines over the last five years has been quite varied. In 2017, the price was 2.94 US $ per kg, followed by a sharp decline to 2.03 US $ per kg in 2018. In 2019, the price dropped further to 1.62 US $ per kg, and then increased slightly to 1.78 US $ per kg in 2020. The price then dropped again to 1.48 US $ per kg in 2021. Overall, the export price of Rice from Philippines has seen a downward trend in the last five years. Based on this trend, it is predicted that the export price of Rice from Philippines in 2023 will be around 1.30 US $ per kg and in 2024 will be around 1.15 US $ per kg.
The rice exports from the Philippines are categorised as:
Husked or brown rice (HS code 100620)
Rice in the husk, "paddy" or rough (HS code 100610)
Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
Broken rice (HS code 100640)
Philippines Rice Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rice into Philippines over the last five years has been quite volatile. In 2017, the price was at its highest at 2.94 US $ per kg, before dropping to 1.62 US $ per kg in 2019. This was followed by a slight increase to 1.78 US $ per kg in 2020 and a further decrease to 1.48 US $ per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Rice into Philippines will remain around the same level in 2023 and 2024, with a slight decrease to 1.45 US $ per kg in 2023 and 1.42 US $ per kg in 2024.
Export values for Philippines rice
The total values in export for rice in the Philippines were US$543, US$557, US$608 and US$(N/A) in US dollar thousand for the years 2019, 2020, 2021 and 2022 in that order.
Prices of other produce in the Cereals/Grains category in Philippines:
Wheat, Rye, Barley, Oats, Maize, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Asia:
Kazakhstan rice, Kyrgyzstan rice, Tajikistan rice, Turkmenistan rice, Uzbekistan rice, China rice, Hong Kong rice, Macao rice, North Korea rice & Mongolia rice.