What is the price of ethyl alcohol per kilogram/pound in Philippines today?
The retail price range for Philippines ethyl alcohol is between US$ 0.35 and US$ 0.50 per kilogram or between US$ 0.16 and US$ 0.23 per pound(lb). Click here to see today's exact prices of ethyl alcohol in Philippines
The retail price range in Philippine peso for ethyl alcohol is between PHP 19.57 and PHP 28.04 per kilogram or between PHP 8.88 and PHP 12.72 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines ethyl alcohol is between US$ 0.25 and US$ 0.35 per kilogram or between US$ 0.11 and US$ 0.16 per pound(lb).
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Philippines Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price of Ethyl Alcohol from Philippines over the last five years has been quite volatile. In 2016, the price was 2.20 US$ per kg, which increased to 3.30 US$ per kg in 2018. However, the price dropped to 1.25 US$ per kg in 2019 and further to 0.71 US$ per kg in 2020. The price has been on the rise since then and is currently at 0.82 US$ per kg in 2021. Based on the current trend, it is predicted that the export price of Ethyl Alcohol from Philippines will be around 0.90 US$ per kg in 2023 and 1.00 US$ per kg in 2024.Philippines Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ethyl Alcohol into Philippines over the last five years has been quite volatile. In 2017, the price was 2.26 US$ per kg, followed by a sharp increase to 3.30 US$ per kg in 2018. However, the price dropped to 1.25 US$ per kg in 2019 and further to 0.71 US$ per kg in 2020. The price has been relatively stable in 2021, with 0.82 US$ per kg. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024. However, based on the data, it is likely that the prices will remain relatively stable in the near future.Export values for Philippines ethyl alcohol
The total values in export for ethyl alcohol in the Philippines were US$ 528, US$ 619, US$ 541 and US$ 330 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.
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Philippines ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
The amount of ethyl alcohol shipped by the Philippines in 2020 was 1,659 tons. In 2019 The Philippines shipped 291 tonnes of ethyl alcohol. In 2019 alone, the market for the Philippines ethyl alcohol (processed category) has gone up, with a change of 77.439 pc compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports grew by 6.2% netting the nation US$0.33m for the year 2019. the Philippiness' ethyl alcohol exports are categorised as:
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
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Philippines ethyl alcohol export values
In 2019, the Philippines sold ethyl alcohol with a value of 0.33m USD, a contraction of -39.00% from 2018's total ethyl alcohol export of 0.541m USD. The annual reduction in value of the Philippines ethyl alcohol between 2017 to 2018 was -12.601 pc.
The per year variation in the quantity of the Philippiness' ethyl alcohol exports between 2017 and 2019 was 6.2 pc in comparison to a variation of 77.439% in the period between 2018 and 2019.
the Philippiness' share of the world's total ethyl alcohol's exports in 2019 was less than 1%. the Philippines is ranked position 64 in world exports of ethyl alcohol.
Export markets for Philippines ethyl alcohol ( in '000$ )
Import/Export Trends
the Philippines is a net exporter of ethyl alcohol. The annual growth of the Philippines ethyl alcohol in value between 2015 to 2019 was 81%, per annum, while annual growth in quantity for the same period was %, per annum.
the Philippines purchased 360,158 tonnes of ethyl alcohol in 2019.