What is the price of crab per kilogram/pound in Philippines today?
The retail price range for Philippines crab is between US$ 21.97 and US$ 41.96 per kilogram or between US$ 9.97 and US$ 19.03 per pound(lb). Click here to see today's exact prices of crab in Philippines
The retail price range in Philippine peso for crab is between PHP 1,222.87 and PHP 2,334.81 per kilogram or between PHP 554.59 and PHP 1,058.87 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines crab is between US$ 15.38 and US$ 29.37 per kilogram or between US$ 6.98 and US$ 13.32 per pound(lb).
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Philippines Crab Export Prices - Historical, Trends and Prediction
The export price of Crab from Philippines over the last five years has been quite volatile. In 2017, the price per kilogram was 19.61 US dollars, which was the highest in the period. This was followed by a sharp decline in 2018 to 20.89 US dollars. In 2019, the price dropped further to 17.40 US dollars. The price then increased in 2020 to 12.48 US dollars, before reaching a peak of 26.78 US dollars in 2021. Based on the current trend, it is predicted that the export price of Crab from Philippines in 2023 will be around 22.00 US dollars per kilogram and in 2024 it will be around 24.00 US dollars per kilogram.Philippines Crab Import Prices - Historical, Trends and Prediction
The import price per kilogram of Crab into Philippines over the last five years has been quite varied. In 2017, the price was 19.61 US dollars per kg, followed by a slight increase to 20.89 US dollars per kg in 2018. However, in 2019, the price dropped to 17.40 US dollars per kg. The price then decreased further to 12.48 US dollars per kg in 2020, before rising to 26.78 US dollars per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Crab into Philippines will continue to increase in the next two years, with an estimated price of 28.90 US dollars per kg in 2023 and 31.02 US dollars per kg in 2024.Export values for Philippines crab
The total values in export for crab in the Philippines were US$ 54,885, US$ 77,684, US$ 77,863 and US$ 65,073 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Philippines: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Cuttlefish & Squid.
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Philippines crab - Production, Exports, Imports, Seasons and HS Codes
The volume of crab sold by the Philippines in 2020 was 4,004 metric tons. In 2019 The Philippines sold 3,739 tonnes of crab. In 2019 alone, the interest in the Philippines crab (seafood category) has escalated, recording a change of 0.32197478 % compared to the year 2018. Between 2017 and 2019, crab's exports decreased by -5.6 percent bringing the country US$65.07m for the year 2019. the Philippiness' crab exports are classified as:
- Crab, prepared or preserved (excluding smoked) (HS code 160510)
- Crabs, fresh or chilled, dried, salted, smoked or in brine (HS code 0306Xe)
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Philippines crab export values
In 2019, the Philippines shipped crab valued at 65.07m USD, a contraction of -16.43% from 2018's total crab export of 77.863m USD. The yearly reduction in value of the Philippines crab between 2017 to 2018 was 0.23042068 per cent.
The annual change in the quantity of the Philippiness' crab exports between 2017 and 2019 was -5.6% compared to a variation of 0.32197478% in the period between 2018 and 2019.
Export markets for Philippines crab ( in '000$ )
the Philippines purchased 1,025 tonnes of crab in 2019.