What is the price of margarine per kilogram/pound in Philippines today?
The retail price range for Philippines margarine is between US$ 4.77 and US$ 6.94 per kilogram or between US$ 2.16 and US$ 3.15 per pound(lb). Click here to see today's exact prices of margarine in Philippines
The retail price range in Philippine peso for margarine is between PHP 265.28 and PHP 386.11 per kilogram or between PHP 120.31 and PHP 175.11 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines margarine is between US$ 3.34 and US$ 4.86 per kilogram or between US$ 1.51 and US$ 2.20 per pound(lb).
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Philippines Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Philippines over the last five years has been relatively stable. In 2017, the price was 2.33 US $ per kg, followed by 1.87 US $ per kg in 2018. In 2019, the price saw a significant increase to 4.00 US $ per kg, before dropping back to 2.20 US $ per kg in 2020. The price then increased again to 2.77 US $ per kg in 2021. Based on this data, it is likely that the export price per kilogram of Margarine from Philippines will remain around the 2.50 US $ per kg mark in 2023 and 2024.The exports of margarine from the Philippines are classified as:
- Margarine (excluding liquid) (HS code 151710)
Philippines Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Philippines over the last five years has been quite volatile. In 2016, the price was $2.00, which increased to $2.33 in 2017. However, the price dropped to $1.87 in 2018 before rising to $4.00 in 2019. The price then dropped to $2.20 in 2020 and increased to $2.77 in 2021. Looking ahead, it is likely that the import price per kilogram of Margarine into Philippines will remain volatile in the coming years. We predict that the price will be $2.90 in 2023 and $3.03 in 2024.Export values for Philippines margarine
The total values in export for margarine in the Philippines were US$ 24, US$ 28, US$ 191 and US$ 4 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 margarine - Production, Exports, Imports, Seasons and HS Codes
The amount of margarine exported by the Philippines in 2020 was 56 metric tons. In 2019 The Philippines shipped 1 tonnes of margarine. Across 2019 alone, the interest in the Philippines margarine (processed category) has shrunk, flactuating by -99.02 % compared to the year 2018. Between 2017 and 2019, margarine's exports went down by -91.67 pc bringing the nation US$0.00m for the year 2019. the Philippiness' margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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Philippines margarine export values
In 2019, the Philippines exported margarine with a value of 0.00m USD, a decrease of -100.00% from 2018's total margarine export of 0.191m USD. The yearly change in value of the Philippines margarine between 2017 to 2018 was 582.143%.
The yearly variation in the amount of the Philippiness' margarine exports between 2017 and 2019 was -91.67 percent in comparison to a variation of -99.02% in the period between 2018 and 2019.
the Philippiness' portion of the world's total margarine's exports in 2019 was less than 1%. The country holds number 89 in world exports of margarine.
Export markets for Philippines margarine ( in '000$ )
the Philippiness' best performing export markets for margarine are Saudi Arabia, China, Thailand, Malaysia and Seychelles.
Import/Export Trends
the Philippines is a net importer of margarine. The annual growth of the Philippines margarine in value between 2015 to 2019 was 30%, per annum, while annual growth in quantity during the same period was 16%, per annum.
the Philippines ordered 2,407 tonnes of margarine in 2019.