What is the price of oleoresins per kilogram/pound in Philippines today?
The retail price range for Philippines oleoresins is between US$ 4.45 and US$ 8.40 per kilogram or between US$ 2.02 and US$ 3.81 per pound(lb). Click here to see today's exact prices of oleoresins in Philippines
The retail price range in Philippine peso for oleoresins is between PHP 247.54 and PHP 467.57 per kilogram or between PHP 112.26 and PHP 212.05 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines oleoresins is between US$ 3.11 and US$ 5.88 per kilogram or between US$ 1.41 and US$ 2.67 per pound(lb).
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Philippines Oleoresins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oleoresins from Philippines over the last five years has been quite varied. In 2017, the price was 8.16 US $ per kg, followed by a sharp increase to 21.4 US $ per kg in 2016. This was followed by a decrease to 3.53 US $ per kg in 2015 and a further decrease to 2.00 US $ per kg in 2014. In the last two years, the price has been relatively stable, with 8.64 US $ per kg in 2019 and 4.76 US $ per kg in 2020. The most recent data point is 6.89 US $ per kg in 2021. Based on this trend, it is likely that the export price per kilogram of Oleoresins from Philippines in 2023 will be around 5.50 US $ per kg and in 2024 around 6.00 US $ per kg.Philippines Oleoresins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oleoresins into Philippines over the last five years has been quite varied. In 2017, the price was 8.16 US$ per kg, followed by a sharp drop to 6.00 US$ per kg in 2018. In 2019, the price rose to 8.64 US$ per kg, before dropping again to 4.76 US$ per kg in 2020. The most recent year, 2021, saw an increase to 6.89 US$ per kg. Overall, the trend in the last five years has been one of fluctuation, with no clear direction. Based on this data, it is difficult to predict the prices for 2023 and 2024.Export values for Philippines oleoresins
The total values in export for oleoresins in the Philippines were US$ 642, US$ 2,774, US$ 450 and US$ 717 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 oleoresins - Production, Exports, Imports, Seasons and HS Codes
The amount of oleoresins shipped by the Philippines in 2020 was 29 tons. In 2019 The Philippines exported 83 tonnes of oleoresins. Through 2019 alone, the market for the Philippines oleoresins (processed category) has surged, flactuating by 10.667 % compared to the year 2018. Between 2017 and 2019, oleoresins' exports reduced by -75.59 pc bringing the country US$0.72m for the year 2019. the Philippiness' oleoresins exports are classified as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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Philippines oleoresins export values
In 2019, the Philippines supplied oleoresins valued at 0.72m USD, a surge of 60.00% from 2018's total oleoresins export of 0.45m USD. The annual increase in value of the Philippines oleoresins between 2017 to 2018 was -83.778 per cent.
The per year variation in the amount of the Philippiness' oleoresins exports between 2017 and 2019 was -75.59 pc when compared to a variation of 10.667% in the growth rate between 2018 and 2019.
Export markets for Philippines oleoresins ( in '000$ )
the Philippines imported 422 tonnes of oleoresins in 2019.