What is the price of linseed oil per kilogram/pound in Philippines today?
The retail price range for Philippines linseed oil is between US$ 10.03 and US$ 20.89 per kilogram or between US$ 4.55 and US$ 9.47 per pound(lb). Click here to see today's exact prices of linseed oil in Philippines
The retail price range in Philippine peso for linseed oil is between PHP 558.18 and PHP 1,162.28 per kilogram or between PHP 253.14 and PHP 527.11 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines linseed oil is between US$ 7.02 and US$ 14.62 per kilogram or between US$ 3.18 and US$ 6.63 per pound(lb).
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Philippines Linseed Oil Export Prices - Historical, Trends and Prediction
The export price of Linseed Oil from Philippines has seen a steady decline over the past five years. In 2013, the price per kilogram was 2.00 US dollars, which increased to 3.87 US dollars in 2016. However, the price dropped to 4.35 US dollars in 2017 and further decreased to 2.94 US dollars in 2018. The most recent data shows that the price per kilogram of Linseed Oil from Philippines was 1.65 US dollars in 2021. Based on this trend, it is predicted that the price of Linseed Oil from Philippines will be 1.45 US dollars in 2023 and 1.25 US dollars in 2024.The the Philippines linseed oil exports are categorised as:
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
- Crude linseed oil (HS code 151511)
Philippines Linseed Oil Import Prices - Historical, Trends and Prediction
The import price of Linseed Oil into Philippines over the last five years has been quite volatile. In 2013, the price per kilogram was 2.00 US dollars. This increased to 3.87 US dollars in 2016, before peaking at 4.35 US dollars in 2017. However, the price then dropped to 2.94 US dollars in 2018, before declining further to 1.65 US dollars in 2021. Based on this data, it is likely that the price of Linseed Oil in Philippines will remain relatively low in the coming years. We can predict that the price in 2023 will be around 1.50 US dollars per kilogram, and in 2024 it will be around 1.40 US dollars per kilogram.Export values for Philippines linseed oil
The total values in export for linseed oil in the Philippines were US$ 58, US$ 557 and US$ 893 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 linseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Philippines sold 0 tonnes of linseed oil. In 2019 alone, the interest in the Philippines linseed oil (processed category) has , with a change of percent compared to the year 2018. Between 2017 and 2019, linseed oil's exports reduced by -100% earning the nation US$0.00m for the year 2019. the Philippiness' linseed oil exports are categorised as:
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
- Crude linseed oil (HS code 151511)
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Philippines linseed oil export values
In 2019, the Philippines shipped linseed oil costing 0.00m USD, a reduction of -100.00% from 2018's total linseed oil export of 0.893m USD. The annual reduction in value of the Philippines linseed oil between 2017 to 2018 was 60.323 percent.
The annual variation in the quantity of the Philippiness' linseed oil exports between 2017 and 2019 was -100 percent between 2018 and 2019.
the Philippiness' share of the world's total linseed oil's exports in 2019 was less than 1%. the Philippines is ranked number 17 in world exports of linseed oil.
Export markets for Philippines linseed oil ( in '000$ )
the Philippiness' top destinations for linseed oil are Iran, Italy, South Korea, Djibouti and Saudi Arabia.
Import/Export Trends
the Philippines is a net exporter of linseed oil. The annual growth of the Philippines linseed oil in value between 2015 to 2019 was 197%, per annum, while annual growth in quantity during the same period was 104%, per annum.
the Philippines ordered 700 tonnes of linseed oil in 2019.