What is the price of black tea per kilogram/pound in Philippines today?
The retail price range for Philippines black tea is between US$ 0.38 and US$ 0.77 per kilogram or between US$ 0.17 and US$ 0.35 per pound(lb). Click here to see today's exact prices of black tea in Philippines
The retail price range in Philippine peso for black tea is between PHP 20.92 and PHP 42.94 per kilogram or between PHP 9.49 and PHP 19.47 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines black tea is between US$ 0.26 and US$ 0.54 per kilogram or between US$ 0.12 and US$ 0.24 per pound(lb).
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Philippines Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Philippines has seen a significant fluctuation over the past five years. In 2016, the export price was at its highest at 16.00 US $ per kg, followed by a sharp decline to 7.71 US $ per kg in 2017. In 2018, the export price rose to 12.50 US $ per kg, before dropping to 8.08 US $ per kg in 2019. The export price then decreased further to 3.04 US $ per kg in 2020 and 3.00 US $ per kg in 2021. Based on this trend, it is predicted that the export price of Black Tea from Philippines will remain around 3.00 US $ per kg in 2023 and 2024.The black tea exports from the Philippines are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
Philippines Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Philippines has seen a significant fluctuation over the past five years. In 2016, the price was at its highest at $16.00, before dropping to $7.71 in 2017. In 2018, the price rose to $12.50, before dropping again to $8.08 in 2019. The price then dropped to its lowest point in 2020 at $3.04, before rising slightly to $3.00 in 2021. Looking ahead, it is likely that the import price per kilogram of Black Tea into Philippines will remain relatively stable in the next two years. We predict that the price will remain at $3.00 in 2022, before rising slightly to $3.20 in 2023. In 2024, we predict that the price will remain at $3.20.Export values for Philippines black tea
The total values in export for black tea in the Philippines were US$ 16, US$ 108, US$ 25 and US$ 97 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 & Yerba mate.
See prices of black tea in other countries across Asia: Kazakhstan black tea, Kyrgyzstan black tea, Tajikistan black tea, Turkmenistan black tea, Uzbekistan black tea, China black tea, Hong Kong black tea, Macao black tea, North Korea black tea & Mongolia black tea.
Philippines black tea - Production, Exports, Imports, Seasons and HS Codes
The amount of black tea sold by the Philippines in 2020 was 28 tonnes. In 2019 The Philippines sold 12 tonnes of black tea. Through 2019 alone, the interest in the Philippines black tea (processed category) has gone up, flactuating by 500 pc compared to the year 2018. Between 2017 and 2019, black tea's exports went down by -14.29 percent earning the country US$0.10m for the year 2019. the Philippiness' black tea exports are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
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Philippines black tea export values
In 2019, the Philippines exported black tea costing 0.10m USD, a growth of 300.00% from 2018's total black tea export of 0.025m USD. The annual change in value of the Philippines black tea between 2017 to 2018 was -76.852 per cent.
The annual variation in the volume of the Philippiness' black tea exports between 2017 and 2019 was -14.29 pc in comparison to a variation of 500% in the period between 2018 and 2019.
Export markets for Philippines black tea ( in '000$ )
the Philippiness' top destinations for black tea are Qatar, Micronesia, US, China and Norway.
the Philippines procured 1,595 tonnes of black tea in 2019.