What is the price of cacao (cocoa)paste per kilogram/pound in Philippines today?
The retail price range for Philippines cacao (cocoa)paste is between US$ 12.76 and US$ 17.67 per kilogram or between US$ 5.79 and US$ 8.01 per pound(lb). Click here to see today's exact prices of cacao (cocoa)paste in Philippines
The retail price range in Philippine peso for cacao (cocoa)paste is between PHP 709.86 and PHP 983.09 per kilogram or between PHP 321.93 and PHP 445.85 per pound(lb) in Manila and Quezon.
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In 2024, the approximate wholesale price range for Philippines cacao (cocoa)paste is between US$ 8.93 and US$ 12.37 per kilogram or between US$ 4.05 and US$ 5.61 per pound(lb).
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Philippines Cacao (cocoa)paste Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cacao (Cocoa)paste from Philippines has seen a significant fluctuation over the last five years. In 2010, the price was 2.61 US dollars per kg, which dropped to 1.87 US dollars per kg in 2011. The price then increased to 2.54 US dollars per kg in 2012, and further increased to 3.75 US dollars per kg in 2013. In 2016, the price skyrocketed to 8.50 US dollars per kg, before dropping to 3.00 US dollars per kg in 2017 and 1.00 US dollar per kg in 2018. The latest data shows that the price is 1.22 US dollars per kg in 2020. Based on the trend, it is predicted that the export price per kilogram of Cacao (Cocoa)paste from Philippines will be around 1.50 US dollars per kg in 2023 and 1.75 US dollars per kg in 2024.The the Philippines cacao (cocoa)paste exports are classified as:
- Cocoa paste, wholly or partly defatted (HS code 180320)
- Cocoa paste (excluding defatted) (HS code 180310)
Philippines Cacao (cocoa)paste Import Prices - Historical, Trends and Prediction
The import price of Cacao (Cocoa)paste into Philippines over the last five years has been quite volatile. In 2010, the price was 2.61 US$ per kg, which dropped to 1.87 US$ per kg in 2011. The price then increased to 2.54 US$ per kg in 2012, before rising to 3.75 US$ per kg in 2013. The highest price was recorded in 2016, when it reached 8.5 US$ per kg. Since then, the price has dropped significantly, with it being 1.0 US$ per kg in 2018. The most recent data shows that the price is 1.22 US$ per kg in 2020. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024. However, based on the data, it is likely that the prices will remain relatively stable in the coming years.Export values for Philippines cacao (cocoa)paste
The total values in export for cacao (cocoa)paste in the Philippines were US$ 68, US$ 48 and US$ 4 in US dollar thousand for the years 2016, 2017 and 2018 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.
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Philippines cacao (cocoa)paste - Production, Exports, Imports, Seasons and HS Codes
The volume of cacao (cocoa)paste exported by the Philippines in 2020 was 50 tonnes. In 2019 The Philippines shipped small quantities of cacao (cocoa)paste. For 2019 alone, the demand for the Philippines cacao (cocoa)paste (processed category) has , with a change of % compared to the year 2018. Between 2017 and 2019, cacao (cocoa)paste's exports reduced by -100 pc netting the Philippines US$0.00m for the year 2019. the Philippiness' cacao (cocoa)paste exports are classified as:
- Cocoa paste (excluding defatted) (HS code 180310)
- Cocoa paste, wholly or partly defatted (HS code 180320)
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Philippines cacao (cocoa)paste export values
In 2019, the Philippines exported cacao (cocoa)paste valued at 0.00m USD, a contraction of -100.00% from 2018's total cacao (cocoa)paste export of 0.004m USD. The annual change in value of the Philippines cacao (cocoa)paste between 2017 to 2018 was -91.667 percent.
The annual/yearly variation in the quantity of the Philippiness' cacao (cocoa)paste exports between 2017 and 2019 was -100 per cent between 2018 and 2019.
Export markets for Philippines cacao (cocoa)paste ( in '000$ )
the Philippiness' top destinations for cacao (cocoa)paste are Japan, Spain and Australia.
the Philippines imported 1,061 tonnes of cacao (cocoa)paste in 2019.