What is the price of cocoa powder (solids) per kilogram/pound in Philippines today?
The retail price range for Philippines cocoa powder (solids) is between US$ 5.48 and US$ 20.20 per kilogram or between US$ 2.49 and US$ 9.16 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in Philippines
The retail price range in Philippine peso for cocoa powder (solids) is between PHP 304.92 and PHP 1,123.88 per kilogram or between PHP 138.29 and PHP 509.70 per pound(lb) in Manila and Quezon.
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In 2024, the approximate wholesale price range for Philippines cocoa powder (solids) is between US$ 3.84 and US$ 14.14 per kilogram or between US$ 1.74 and US$ 6.41 per pound(lb).
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Philippines Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Powder (Solids) from Philippines has seen a steady increase over the last five years. In 2017, the export price was 2.10 US $ per kg, which increased to 2.34 US $ per kg in 2019. The highest export price was recorded in 2021, at 3.39 US $ per kg. Based on the data, it is predicted that the export price of Cocoa Powder (Solids) from Philippines will continue to increase in the next two years, reaching 3.60 US $ per kg in 2023 and 3.81 US $ per kg in 2024.The exports of cocoa powder (solids) from the Philippines are classified as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
Philippines Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Powder (Solids) into Philippines has seen a fluctuating trend over the last five years. In 2017, the price was recorded at $2.10, which was the highest in the five year period. This was followed by a decrease in 2018 to $2.01. In 2019, the price rose to $2.34 and then further increased to $2.52 in 2020. The highest price in the five year period was recorded in 2021 at $3.39. Based on the trend, it is predicted that the import price per kilogram of Cocoa Powder (Solids) into Philippines in 2023 will be around $3.50 and in 2024 will be around $3.60.Export values for Philippines cocoa powder (solids)
The total values in export for cocoa powder (solids) in the Philippines were US$ 4,542, US$ 467, US$ 1,316 and US$ 1,125 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 cocoa powder (solids) in other countries across Asia: Kazakhstan cocoa powder (solids), Kyrgyzstan cocoa powder (solids), Tajikistan cocoa powder (solids), Turkmenistan cocoa powder (solids), Uzbekistan cocoa powder (solids), China cocoa powder (solids), Hong Kong cocoa powder (solids), Macao cocoa powder (solids), North Korea cocoa powder (solids) & Mongolia cocoa powder (solids).
Philippines cocoa powder (solids) - Production, Exports, Imports, Seasons and HS Codes
The amount of cocoa powder (solids) sold by the Philippines in 2020 was 623 tons. In 2019 The Philippines shipped 480 tonnes of cocoa powder (solids). Through 2019 alone, the market for the Philippines cocoa powder (solids) (processed category) has shrunk, recording a change of -26.718 per cent compared to the year 2018. Between 2017 and 2019, cocoa powder (solids)'s exports went up by 116.22% bringing the country US$1.12m for the year 2019. the Philippiness' cocoa powder (solids) exports are classified as:
- Cocoa powder, sweetened (HS code 180610)
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
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Philippines cocoa powder (solids) export values
In 2019, the Philippines supplied cocoa powder (solids) valued at 1.12m USD, a drop of -14.89% from 2018's total cocoa powder (solids) export of 1.316m USD. The annual reduction in value of the Philippines cocoa powder (solids) between 2017 to 2018 was 181.799 percent.
The annual change in the quantity of the Philippiness' cocoa powder (solids) exports between 2017 and 2019 was 116.22 pc when compared to a variation of -26.718% in the growth rate between 2018 and 2019.
Export markets for Philippines cocoa powder (solids) ( in '000$ )
the Philippiness' leading destinations for cocoa powder (solids) are Malaysia, Hong Kong, Egypt, Spain and US.
the Philippines bought 28,073 tonnes of cocoa powder (solids) in 2019.