What is the price of coffee extracts per kilogram/pound in Philippines today?
The retail price range for Philippines coffee extracts is between US$ 7.73 and US$ 77.30 per kilogram or between US$ 3.51 and US$ 35.05 per pound(lb). Click here to see today's exact prices of coffee extracts in Philippines
The retail price range in Philippine peso for coffee extracts is between PHP 430.14 and PHP 4,301.39 per kilogram or between PHP 195.07 and PHP 1,950.74 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines coffee extracts is between US$ 5.41 and US$ 54.11 per kilogram or between US$ 2.45 and US$ 24.54 per pound(lb).
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Philippines Coffee Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee Extracts from Philippines over the last five years has been relatively stable. In 2017, the price was 1.57 US $ per kg, followed by 1.54 US $ per kg in 2018, 1.49 US $ per kg in 2019, 2.18 US $ per kg in 2020, and 4.59 US $ per kg in 2021. This indicates an overall upward trend in the export price of Coffee Extracts from Philippines. Based on this trend, it is predicted that the export price of Coffee Extracts from Philippines in 2023 will be around 5.17 US $ per kg and in 2024 will be around 5.76 US $ per kg.The coffee extracts exports from the Philippines are classified as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
Philippines Coffee Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee Extracts into Philippines over the last five years has been relatively stable. In 2016, the price was $1.30, followed by $1.57 in 2017, $1.54 in 2018, $1.49 in 2019 and $2.18 in 2020. This indicates a slight increase in the price of Coffee Extracts over the last five years. However, the price spiked in 2021 to $4.59, which is more than double the price in 2020. Based on this trend, it is likely that the price of Coffee Extracts in 2023 will be around $4.90 and in 2024 it will be around $5.20.Export values for Philippines coffee extracts
The total values in export for coffee extracts in the Philippines were US$ 2,821, US$ 2,366, US$ 1,527 and US$ 2,364 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 coffee extracts in other countries across Asia: Kazakhstan coffee extracts, Kyrgyzstan coffee extracts, Tajikistan coffee extracts, Turkmenistan coffee extracts, Uzbekistan coffee extracts, China coffee extracts, Hong Kong coffee extracts, Macao coffee extracts, North Korea coffee extracts & Mongolia coffee extracts.
Philippines coffee extracts - Production, Exports, Imports, Seasons and HS Codes
The volume of coffee extracts shipped by the Philippines in 2020 was 1,430 tons. In 2019 The Philippines exported 1,008 tonnes of coffee extracts. Across 2019 alone, the market for the Philippines coffee extracts (processed category) has improved, changing by 1.511 % compared to the year 2018. Between 2017 and 2019, coffee extracts' exports decreased by -33.2% bringing the exporter US$2.36m for the year 2019. the Philippiness' coffee extracts exports are classified as:
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
- Extracts, essences and concentrates, of coffee (HS code 210111)
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Philippines coffee extracts export values
In 2019, the Philippines sold coffee extracts valued at 2.36m USD, an increase of 54.55% from 2018's total coffee extracts export of 1.527m USD. The yearly growth in value of the Philippines coffee extracts between 2017 to 2018 was -35.461%.
The annual change in the quantity of the Philippiness' coffee extracts exports between 2017 and 2019 was -33.2 per cent compared to a variation of 1.511% in the period between 2018 and 2019.
the Philippiness' stake of the world's total coffee extracts' exports in 2019 was less than 1%. The country is ranked number 87 in world exports of coffee extracts.
Export markets for Philippines coffee extracts ( in '000$ )
the Philippiness' top destinations for coffee extracts are Saudi Arabia, Ivory Coast (Côte d'Ivoire
), Ghana, Vietnam and Qatar.
Import/Export Trends
the Philippines is a net importer of coffee extracts. The annual growth of the Philippines coffee extracts in value between 2015 to 2019 was 5%, per annum, while annual growth in quantity for the same period was 20%, per annum.
the Philippines procured 230,423 tonnes of coffee extracts in 2019.