What is the price of lactose per kilogram/pound in Philippines today?
The retail price range for Philippines lactose is between US$ 5.56 and US$ 12.85 per kilogram or between US$ 2.52 and US$ 5.83 per pound(lb). Click here to see today's exact prices of lactose in Philippines
The retail price range in Philippine peso for lactose is between PHP 309.59 and PHP 715.26 per kilogram or between PHP 140.40 and PHP 324.38 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines lactose is between US$ 3.89 and US$ 9.00 per kilogram or between US$ 1.77 and US$ 4.08 per pound(lb).
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Philippines Lactose Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lactose from Philippines over the last five years has seen a steady increase. In 2010, the price was 2.00 US$ per kg, which rose to 2.68 US$ per kg in 2012. In 2013, the price dropped to 2.18 US$ per kg, before increasing to 3.07 US$ per kg in 2014. In 2016, the price dropped to 0.85 US$ per kg, and then further decreased to 0.75 US$ per kg in 2017. In 2018, the price rose to 1.63 US$ per kg, and then decreased to 1.47 US$ per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Lactose from Philippines in 2023 will be 1.45 US$ per kg, and in 2024 will be 1.43 US$ per kg.The lactose exports from the Philippines are classified as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
Philippines Lactose Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lactose into Philippines has seen a fluctuating trend over the past five years. In 2010, the price was 2.00 US$ per kg. This increased to 2.68 US$ per kg in 2012, before dropping to 2.18 US$ per kg in 2013. In 2014, the price rose to 3.07 US$ per kg, before dropping to 0.85 US$ per kg in 2016. The price then decreased further to 0.75 US$ per kg in 2017, before increasing to 1.63 US$ per kg in 2018. The most recent data shows that the price was 1.47 US$ per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Lactose into Philippines will be 1.41 US$ per kg in 2023 and 1.35 US$ per kg in 2024.Export values for Philippines lactose
The total values in export for lactose in the Philippines were US$ 23, US$ 12 and US$ 70 in US dollar thousand for the years 2016, 2017 and 2018 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 lactose - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Philippines exported small quantities of lactose. In 2019 alone, the demand for the Philippines lactose (processed category) has , flactuating by pc compared to the year 2018. Between 2017 and 2019, lactose's exports reduced by -100 percent netting the country US$0.00m for the year 2019. the Philippiness' lactose exports are categorised as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
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Philippines lactose export values
In 2019, the Philippines supplied lactose costing 0.00m USD, a decrease of -100.00% from 2018's total lactose export of 0.07m USD. The annual change in value of the Philippines lactose between 2017 to 2018 was 483.333%.
The annual/yearly change in the amount of the Philippiness' lactose exports between 2017 and 2019 was -100% between 2018 and 2019.
the Philippiness' stake of the world's total lactose's exports in 2019 was less than 1%. the Philippines is ranked number 56 in world exports of lactose.
Export markets for Philippines lactose ( in '000$ )
the Philippiness' top destinations for lactose are South Korea, Lithuania, Micronesia, US and United Arab Emirates (UAE).
Import/Export Trends
the Philippines is a net importer of lactose. The annual growth of the Philippines lactose in value between 2015 to 2019 was 83%, per year, while annual growth in quantity through the same period was %, per annum.
the Philippines purchased 24,106 tonnes of lactose in 2019.