What is the price of rice per kilogram/pound in Philippines today?
The retail price range for Philippines rice is between US$ 0.63 and US$ 0.95 per kilogram or between US$ 0.29 and US$ 0.43 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 34.99 and PHP 53.02 per kilogram or between PHP 15.87 and PHP 24.04 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2025, the approximate wholesale price range for Philippines rice is between US$ 0.44 and US$ 0.67 per kilogram or between US$ 0.20 and US$ 0.30 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.
Philippines rice - Production, Exports, Imports, Seasons and HS Codes
The amount of rice shipped by the Philippines in 2020 was 626 tons. In 2019 The Philippines shipped 670 tonnes of rice. For the year 2019 alone, the interest in the Philippines rice (cereals/grains category) has surged, recording a change of 44.397 per cent compared to the year 2018. Between 2017 and 2019, rice's exports grew by 28.35% netting the country US$1.09m for the year 2019. the Philippiness' rice exports are categorised as:
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Husked or brown rice (HS code 100620)
- Broken rice (HS code 100640)
- Rice in the husk, "paddy" or rough (HS code 100610)
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Philippines rice export values
In 2019, the Philippines shipped rice valued at 1.09m USD, an increase of 15.96% from 2018's total rice export of 0.94m USD. The annual change in value of the Philippines rice between 2017 to 2018 was -38.722 per cent.
The annual variation in the quantity of the Philippiness' rice exports between 2017 and 2019 was 28.35 per cent in comparison to a variation of 44.397% in the period between 2018 and 2019.
Export markets for Philippines rice ( in '000$ )
the Philippiness' top destinations for rice are Saudi Arabia, United Arab Emirates (UAE), Lebanon, China and Kuwait.
the Philippines bought 5,536,796 tonnes of rice in 2019.
Production
The production of rice in the Philippines was 125,457,272 tonnes in 2019 and is projected to change by an average of -1.32%. The country had an estimated 37,211,920.00 hectares under rice cultivation.
What is the Price of Well-Milled Palay Rice and Plain Rice in Philippines?
Rice in the Philippines is available in two major options that are defined by quality. These include well-milled “palay” rice and plain rice.
Well-milled “palay” rice is a high quality grade that is relatively expensive. According to the Philippines Statistics Authority (PSA), the retail price for well-milled palay rice in the second half of April 2024 was 51.41 pesos ($0.90) per kg, 0.05% more than the price for the first half of April at 51.38 pesos per kg.
Plain “palay” rice, on the other hand, is partially milled and therefore costs lower.The price of plain rice is around 41 pesos ($0.72) per kg.
Farm Gate Prices Appreciate by 51.7%
Despite cooling month-on-month between January and March 2024, farm gate prices of paddy rice in the Philippines have generally gone up in 2024 compared to 2023 so far. In the first 3 months of 2024, the prices were 51.7% higher than those of the first quarter of 2023.
While producer prices from January to March 2024 averaged 27.8 pesos ($0.49) a kg, those between January and March 2023 had stood at 18.17 pesos ($0.32) per kg.
Paddy rice in the Philippines cost 26.56 pesos ($0.47) per kg in March 2024, according to the Philippines Statistics Authority. This was a drop of 6.5 % from the February high of 28.29 pesos ($0.50) a kg. At 28.66 pesos ($0.51) per kg, the January 2024 price was the highest in the first three months of 2024.
Native Rice Varieties in the Philippines
There are three indigenous varieties of rice in the Philippines which also happen to be the most popular. These are the white rice, brown rice and Malagkit.
1. White Rice
Pale in color, mild in flavor and soft to the touch, white rice is the most common variety from the Philippines. It gives a fluffy form when cooked. Besides, it is available in long, medium and short grain forms. As such, it can make a wide range of dishes starting with steamed rice.
2. Malagkit
The sticky texture of Malagkit underlines its alternative name of “glutinous rice.” It is a must-have inclusion in a rice-based Filipino dish for it makes popular cuisine like biko and suman.
3. Brown Rice
Easily the most nutritious of the three native varieties, brown rice from the Philippines is defined by its color. Its whole grain form including the outer bran makes it a healthy alternative to barley or oats. It is also high in fiber, has a nutty taste and cooks long.
The biggest rice producing region in the Philippines is Central Luzon with 3.64 million tonnes in 2023. Cagayan Valley follows at 3.03 million tonnes while Western Visayas rounds up the top 3 with 2.3 million tonnes.
Despite its heady output, USDA figures show that the Philippines may still need an extra 3.8 million tonnes in 2024. Though the Philippines government has indicated that their projections are lower than USDA’s, importing this amount will make the country the biggest world importer of rice for the current trading year. It will overtake China, which has held the import record since 2019 and is projected to import 3.5 million tonnes of rice in 2024.