What is the price of ginseng roots per kilogram/pound in Philippines today?
The retail price range for Philippines ginseng roots is between US$ 28.42 and US$ 74.83 per kilogram or between US$ 12.89 and US$ 33.94 per pound(lb). Click here to see today's exact prices of ginseng roots in Philippines
The retail price range in Philippine peso for ginseng roots is between PHP 1,581.38 and PHP 4,164.11 per kilogram or between PHP 717.18 and PHP 1,888.49 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines ginseng roots is between US$ 19.89 and US$ 52.38 per kilogram or between US$ 9.02 and US$ 23.76 per pound(lb).
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Philippines Ginseng Roots Export Prices - Historical, Trends and Prediction
The export price of ginseng roots from Philippines has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021, it further increased to $2.90. The most recent data shows that the export price per kilogram of ginseng roots from Philippines was $3.05 in 2022. This represents a 24.5% increase in the export price over the past five years. Based on this trend, it is likely that the export price per kilogram of ginseng roots from Philippines will continue to increase in the coming years, with an estimated price of $3.20 in 2023 and $3.35 in 2024.Philippines Ginseng Roots Import Prices - Historical, Trends and Prediction
The import price of Ginseng roots into Philippines has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.50, which increased to $2.90 in 2019. In 2020, the price rose to $3.20, and in 2021 it further increased to $3.50. The most recent data shows that the import price per kilogram of Ginseng roots into Philippines was $3.80 in 2022. Overall, the import price of Ginseng roots into Philippines has seen a steady increase of 30 cents per kilogram over the past five years. This trend is likely to continue in the coming years, and it is estimated that the import price per kilogram of Ginseng roots into Philippines will be around $4.10 in 2023 and $4.40 in 2024.Export values for Philippines ginseng roots
Prices of other produce in the Tubers category in Philippines: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Chicory roots & Cocoyam.
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