What is the price of maize per kilogram/pound in Philippines today?
The retail price range for Philippines maize is between US$ 2.41 and US$ 6.57 per kilogram or between US$ 1.09 and US$ 2.98 per pound(lb). Click here to see today's exact prices of maize in Philippines
The retail price range in Philippine peso for maize is between PHP 134.05 and PHP 365.53 per kilogram or between PHP 60.79 and PHP 165.78 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines maize is between US$ 1.69 and US$ 4.60 per kilogram or between US$ 0.76 and US$ 2.09 per pound(lb).
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Philippines Maize Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize from Philippines over the last five years has been quite varied. In 2017, the price was 2.04 US $ per kg, followed by a slight increase to 2.86 US $ per kg in 2018. In 2019, the price dropped to 2.77 US $ per kg, before rising again to 2.78 US $ per kg in 2020. The highest price was recorded in 2015, at 8.73 US $ per kg. The most recent year, 2021, saw a price of 3.27 US $ per kg. Based on this data, it is likely that the export price per kilogram of Maize from Philippines will remain around the 3 US $ mark in the next two years, with a slight increase to 3.30 US $ per kg in 2023 and a decrease to 3.25 US $ per kg in 2024.The the Philippines maize exports are categorised as:
- Maize (excluding seed for sowing) (HS code 100590)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize seed for sowing (HS code 100510)
Philippines Maize Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize into Philippines over the last five years has been quite varied. In 2016, the price was 2.80 US$ per kg, followed by a sharp increase to 8.73 US$ per kg in 2015. This was followed by a decrease to 2.04 US$ per kg in 2017 and then a gradual increase to 2.86 US$ per kg in 2018 and 2.77 US$ per kg in 2019. The price has remained relatively stable in 2020 and 2021, at 2.78 US$ per kg and 3.27 US$ per kg respectively. Based on the data, it is predicted that the import price per kilogram of Maize into Philippines will remain relatively stable in the next two years, with an estimated price of 3.27 US$ per kg in 2023 and 3.28 US$ per kg in 2024.Export values for Philippines maize
The total values in export for maize in the Philippines were US$ 2,126, US$ 2,844, US$ 2,158 and US$ 2,524 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Philippines: Wheat, Rye, Barley, Oats, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of maize in other countries across Asia: Kazakhstan maize, Kyrgyzstan maize, Tajikistan maize, Turkmenistan maize, Uzbekistan maize, China maize, Hong Kong maize, Macao maize, North Korea maize & Mongolia maize.
Philippines maize - Production, Exports, Imports, Seasons and HS Codes
The quantity of maize sold by the Philippines in 2020 was 3,454 metric tonnes. In 2019 The Philippines sold 910 tonnes of maize. For the year 2019 alone, the market for the Philippines maize (cereals/grains category) has gone up, with a change of 20.69 percent compared to the year 2018. Between 2017 and 2019, maize's exports decreased by -34.81 percent earning the nation US$2.52m for the year 2019. the Philippiness' maize exports are categorised as:
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize (excluding seed for sowing) (HS code 100590)
- Maize seed for sowing (HS code 100510)
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Philippines maize export values
In 2019, the Philippines shipped maize worth 2.52m USD, a growth of 16.77% from 2018's total maize export of 2.158m USD. The annual increase in value of the Philippines maize between 2017 to 2018 was -24.121 pc.
The yearly change in the volume of the Philippiness' maize exports between 2017 and 2019 was -34.81 per cent compared to a variation of 20.69% in the period between 2018 and 2019.
Export markets for Philippines maize ( in '000$ )
the Philippiness' top export markets for maize are Australia, Myanmar, China, United Arab Emirates (UAE) and Qatar.
the Philippines bought 847,664 tonnes of maize in 2019.
Production
The production of maize in the Philippines was 47,873,070 tonnes in 2019 and is predicted to change by an average of 2.66%. The country had approximately 15,100,338.00 hectares under maize cultivation.