What is the price of milk & cream per kilogram/pound in Philippines today?
The retail price range for Philippines milk & cream is between US$ 1.60 and US$ 1.93 per kilogram or between US$ 0.72 and US$ 0.88 per pound(lb). Click here to see today's exact prices of milk & cream in Philippines
The retail price range in Philippine peso for milk & cream is between PHP 88.81 and PHP 107.42 per kilogram or between PHP 40.28 and PHP 48.72 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines milk & cream is between US$ 1.12 and US$ 1.35 per kilogram or between US$ 0.51 and US$ 0.61 per pound(lb).
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Philippines Milk & Cream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Milk & Cream from Philippines has seen a steady increase over the last five years. In 2016, the export price was 3.08 US $ per kg, which increased to 3.67 US $ per kg in 2015. In 2017, the export price dropped to 0.7 US $ per kg, but has since been on the rise, reaching 2.02 US $ per kg in 2021. Based on this trend, it is predicted that the export price of Milk & Cream from Philippines will be 2.25 US $ per kg in 2023 and 2.48 US $ per kg in 2024.The the Philippines milk & cream exports are categorised as:
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
Philippines Milk & Cream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Milk & Cream into Philippines over the last five years has been quite volatile. In 2017, the price was at its lowest at $0.70, before increasing to $1.06 in 2018 and $1.33 in 2019. In 2020, the price rose to $2.04, before dropping slightly to $2.02 in 2021. Overall, the import price per kilogram of Milk & Cream into Philippines has increased by around 40% over the last five years. Looking ahead, it is likely that the import price per kilogram of Milk & Cream into Philippines will continue to fluctuate in the coming years. However, based on the current trend, it is predicted that the import price per kilogram of Milk & Cream into Philippines will be around $2.30 in 2023 and $2.50 in 2024.Export values for Philippines milk & cream
The total values in export for milk & cream in the Philippines were US$ 84,384, US$ 15,567, US$ 26,615 and US$ 34,057 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: Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of milk & cream in other countries across Asia: Kazakhstan milk & cream, Kyrgyzstan milk & cream, Tajikistan milk & cream, Turkmenistan milk & cream, Uzbekistan milk & cream, China milk & cream, Hong Kong milk & cream, Macao milk & cream, North Korea milk & cream & Mongolia milk & cream.
Philippines milk & cream - Production, Exports, Imports, Seasons and HS Codes
The amount of milk & cream sold by the Philippines in 2020 was 15,997 metric tonnes. In 2019 The Philippines shipped 25,521 tonnes of milk & cream. For the year 2019 alone, the market for the Philippines milk & cream (processed category) has surged, flactuating by 2.104 pc compared to the year 2018. Between 2017 and 2019, milk & cream's exports went up by 17.68 pc earning the Philippines US$34.06m for the year 2019. the Philippiness' milk & cream exports are classified as:
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
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Philippines milk & cream export values
In 2019, the Philippines sold milk & cream valued at 34.06m USD, a surge of 27.97% from 2018's total milk & cream export of 26.615m USD. The annual change in value of the Philippines milk & cream between 2017 to 2018 was 70.971%.
The yearly variation in the volume of the Philippiness' milk & cream exports between 2017 and 2019 was 17.68 percent when compared to a variation of 2.104% in the growth rate between 2018 and 2019.
Export markets for Philippines milk & cream ( in '000$ )
the Philippiness' best performing export markets for milk & cream are Indonesia, South Korea, Cambodia, Sri Lanka and Ireland.
the Philippines procured 375,715 tonnes of milk & cream in 2019.