What is the price of cotton per kilogram/pound in Philippines today?
The retail price range for Philippines cotton is between US$ 3.21 and US$ 5.44 per kilogram or between US$ 1.46 and US$ 2.47 per pound(lb). Click here to see today's exact prices of cotton in Philippines
The retail price range in Philippine peso for cotton is between PHP 178.81 and PHP 302.61 per kilogram or between PHP 81.09 and PHP 137.24 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines cotton is between US$ 2.25 and US$ 3.81 per kilogram or between US$ 1.02 and US$ 1.73 per pound(lb).
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Philippines Cotton Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cotton from Philippines over the last five years has been relatively stable. In 2016, the price was 0.68 US $ per kg, followed by a significant increase to 6.05 US $ per kg in 2017. This was followed by a decrease to 3.21 US $ per kg in 2018 and then a further decrease to 0.93 US $ per kg in 2019. The price then increased to 1.11 US $ per kg in 2020 and decreased again to 0.88 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Cotton from Philippines in 2023 will be 0.90 US $ per kg and in 2024 will be 0.92 US $ per kg.The cotton exports from the Philippines are classified as:
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton, carded or combed (HS code 520300)
- Garnetted stock of cotton (HS code 520291)
- Cotton linters (HS code 140420)
Philippines Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cotton into Philippines over the last five years has been quite varied. In 2017, the price was 6.05 US dollars per kg, followed by a sharp drop to 3.21 US dollars per kg in 2018. In 2019, the price dropped further to 0.93 US dollars per kg, before rising to 1.11 US dollars per kg in 2020. The price then dropped slightly to 0.88 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Cotton into Philippines in 2023 will be around 0.80 US dollars per kg, and in 2024 it will be around 0.90 US dollars per kg.Export values for Philippines cotton
The total values in export for cotton in the Philippines were US$ 297, US$ 1,198, US$ 543 and US$ 501 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 cotton in other countries across Asia: Kazakhstan cotton, Kyrgyzstan cotton, Tajikistan cotton, Turkmenistan cotton, Uzbekistan cotton, China cotton, Hong Kong cotton, Macao cotton, North Korea cotton & Mongolia cotton.
Philippines cotton - Production, Exports, Imports, Seasons and HS Codes
The amount of cotton shipped by the Philippines in 2020 was 607 metric tons. In 2019 The Philippines sold 539 tonnes of cotton. For the year 2019 alone, the interest in the Philippines cotton (processed category) has increased, changing by 218.935 per cent compared to the year 2018. Between 2017 and 2019, cotton's exports grew by 172.22 percent netting the exporter US$0.50m for the year 2019. the Philippiness' cotton exports are categorised as:
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton linters (HS code 140420)
- Cotton, carded or combed (HS code 520300)
- Garnetted stock of cotton (HS code 520291)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
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Philippines cotton export values
In 2019, the Philippines supplied cotton valued at 0.50m USD, a drop of -7.92% from 2018's total cotton export of 0.543m USD. The yearly reduction in value of the Philippines cotton between 2017 to 2018 was -54.674 pc.
The annual change in the quantity of the Philippiness' cotton exports between 2017 and 2019 was 172.22 per cent when compared to a variation of 218.935% in the growth rate between 2018 and 2019.
Export markets for Philippines cotton ( in '000$ )
the Philippiness' top destinations for cotton are Turkey, Thailand, Bangladesh, China and Australia.
the Philippines bought 21,562 tonnes of cotton in 2019.