What is the price of coffee per kilogram/pound in Philippines today?
The retail price range for Philippines coffee is between US$ 14.17 and US$ 23.30 per kilogram or between US$ 6.43 and US$ 10.56 per pound(lb). Click here to see today's exact prices of coffee in Philippines
The retail price range in Philippine peso for coffee is between PHP 788.65 and PHP 1,296.33 per kilogram or between PHP 357.67 and PHP 587.91 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines coffee is between US$ 9.92 and US$ 16.31 per kilogram or between US$ 4.50 and US$ 7.40 per pound(lb).
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Philippines Coffee Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee from Philippines over the last five years has seen a significant increase. In 2016, the price was 5.56 US $ per kg, followed by 5.27 US $ per kg in 2017. In 2018, the price rose to 5.48 US $ per kg and further increased to 6.55 US $ per kg in 2019. The highest price was recorded in 2020, with 48.12 US $ per kg. The price dropped to 11.03 US $ per kg in 2021. Based on the current trend, it is predicted that the export price per kilogram of Coffee from Philippines in 2023 will be around 15.00 US $ per kg and in 2024 it will be around 18.00 US $ per kg.The coffee exports from the Philippines are categorised as:
- Decaffeinated coffee (excluding roasted) (HS code 090112)
- Roasted, decaffeinated coffee (HS code 090122)
- Coffee (excluding roasted and decaffeinated) (HS code 090111)
- Roasted coffee (excluding decaffeinated) (HS code 090121)
Philippines Coffee Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee into Philippines over the last five years has been quite volatile. In 2016, the price was 5.56 US$ per kg, which was followed by a decrease to 5.27 US$ per kg in 2017. However, in 2018, the price increased to 5.48 US$ per kg. This was followed by a sharp increase to 6.55 US$ per kg in 2019. The highest price was recorded in 2020, when the import price per kilogram of Coffee into Philippines was 48.12 US$ per kg. This was followed by a decrease to 11.03 US$ per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Coffee into Philippines in 2023 will be around 15.78 US$ per kg and in 2024 it will be around 18.41 US$ per kg.Export values for Philippines coffee
The total values in export for coffee in the Philippines were US$ 100, US$ 79, US$ 126 and US$ 216 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, Green Tea, Black Tea & Yerba mate.
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Philippines coffee - Production, Exports, Imports, Seasons and HS Codes
The volume of coffee sold by the Philippines in 2020 was 34 metric tonnes. In 2019 The Philippines sold 33 tonnes of coffee. Through 2019 alone, the demand for the Philippines coffee (processed category) has increased, changing by 43.478 pc compared to the year 2018. Between 2017 and 2019, coffee's exports went up by 120 percent netting the Philippines US$0.22m for the year 2019. the Philippiness' coffee exports are categorised as:
- Coffee (excluding roasted and decaffeinated) (HS code 090111)
- Roasted coffee (excluding decaffeinated) (HS code 090121)
- Decaffeinated coffee (excluding roasted) (HS code 090112)
- Roasted, decaffeinated coffee (HS code 090122)
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Philippines coffee export values
In 2019, the Philippines shipped coffee worth 0.22m USD, an increase of 74.60% from 2018's total coffee export of 0.126m USD. The annual increase in value of the Philippines coffee between 2017 to 2018 was 59.494 per cent.
The annual change in the amount of the Philippiness' coffee exports between 2017 and 2019 was 120 pc in comparison to a variation of 43.478% in the period between 2018 and 2019.
Export markets for Philippines coffee ( in '000$ )
the Philippiness' leading export markets for coffee are Saudi Arabia, Japan, Qatar, New Zealand and Australia.
the Philippines procured 36,868 tonnes of coffee in 2019.
Production
The production of coffee in the Philippines was 240,176 tonnes in 2019 and is forecast to change by an average of -0.45%. The country had an estimated 448,096.00 hectares under coffee cultivation.