What is the price of cuttlefish & squid per kilogram/pound in Philippines today?
The retail price range for Philippines cuttlefish & squid is between US$ 7.28 and US$ 11.47 per kilogram or between US$ 3.30 and US$ 5.20 per pound(lb). Click here to see today's exact prices of cuttlefish & squid in Philippines
The retail price range in Philippine peso for cuttlefish & squid is between PHP 405.17 and PHP 638.06 per kilogram or between PHP 183.75 and PHP 289.37 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines cuttlefish & squid is between US$ 5.10 and US$ 8.03 per kilogram or between US$ 2.31 and US$ 3.64 per pound(lb).
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Philippines Cuttlefish & Squid Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cuttlefish & Squid from Philippines has seen a steady increase over the last five years. In 2016, the price was 4.40 US $ per kg, and in 2021, it was 4.29 US $ per kg. This indicates a slight decrease in the price over the last five years. However, the overall trend has been an increase in the export price per kilogram. For example, in 2010, the price was 2.92 US $ per kg, and in 2021, it was 4.29 US $ per kg. Based on this trend, it is likely that the export price per kilogram of Cuttlefish & Squid from Philippines will continue to increase in the coming years, with a predicted price of 4.54 US $ per kg in 2023 and 4.68 US $ per kg in 2024.Philippines Cuttlefish & Squid Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cuttlefish & Squid into Philippines over the last five years has been quite volatile. In 2017, the price was at its highest at $4.95, before dropping to $4.48 in 2018. In 2019, the price dropped further to $3.34, before rising again to $4.42 in 2020. The price then dropped slightly to $4.29 in 2021. Looking ahead, it is likely that the import price per kilogram of Cuttlefish & Squid into Philippines will remain volatile in the coming years. We can predict that the price in 2023 will be around $4.50 and in 2024 will be around $4.60.Export values for Philippines cuttlefish & squid
The total values in export for cuttlefish & squid in the Philippines were US$ 17,523, US$ 17,333, US$ 17,902 and US$ 14,563 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 & Octopus.
See prices of cuttlefish & squid in other countries across Asia: Kazakhstan cuttlefish & squid, Kyrgyzstan cuttlefish & squid, Tajikistan cuttlefish & squid, Turkmenistan cuttlefish & squid, Uzbekistan cuttlefish & squid, China cuttlefish & squid, Hong Kong cuttlefish & squid, Macao cuttlefish & squid, North Korea cuttlefish & squid & Mongolia cuttlefish & squid.
Philippines cuttlefish & squid - Production, Exports, Imports, Seasons and HS Codes
The amount of cuttlefish & squid shipped by the Philippines in 2020 was 3,903 tons. In 2019 The Philippines exported 4,303 tonnes of cuttlefish & squid. Across 2019 alone, the demand for the Philippines cuttlefish & squid (seafood category) has climbed, recording a change of 10.788 percent compared to the year 2018. Between 2017 and 2019, cuttlefish & squid's exports increased by 24.8 pc netting the Philippines US$14.56m for the year 2019. the Philippiness' cuttlefish & squid exports are classified as:
- Cuttle fish and squid, live, fresh or chilled, with or without shell (HS code 030742)
- Live, fresh or chilled, not smoked, cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", with or without shell (HS code 030741)
- Cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", smoked, frozen, dried, salted or in brine, with or without shell (HS code 030749)
- Cuttle fish and squid, frozen, with or without shell (HS code 030743)
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Philippines cuttlefish & squid export values
In 2019, the Philippines shipped cuttlefish & squid valued at 14.56m USD, a decrease of -18.67% from 2018's total cuttlefish & squid export of 17.902m USD. The annual reduction in value of the Philippines cuttlefish & squid between 2017 to 2018 was 3.283 pc.
The annual change in the quantity of the Philippiness' cuttlefish & squid exports between 2017 and 2019 was 24.8 per cent in comparison to a variation of 10.788% in the period between 2018 and 2019.
Export markets for Philippines cuttlefish & squid ( in '000$ )
the Philippines purchased 35,254 tonnes of cuttlefish & squid in 2019.