What is the price of pepper per kilogram/pound in Philippines today?
The retail price range for Philippines pepper is between US$ 0.37 and US$ 0.69 per kilogram or between US$ 0.17 and US$ 0.31 per pound(lb). Click here to see today's exact prices of pepper in Philippines
The retail price range in Philippine peso for pepper is between PHP 20.82 and PHP 38.44 per kilogram or between PHP 9.44 and PHP 17.43 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines pepper is between US$ 0.26 and US$ 0.48 per kilogram or between US$ 0.12 and US$ 0.22 per pound(lb).
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Philippines Pepper Export Prices - Historical, Trends and Prediction
The export price per kilogram of Pepper from Philippines has seen a steady increase over the last five years. In 2017, the price was 15.28 US $ per kg, which increased to 16.4 US $ per kg in 2016. In 2018, the price dropped to 13.38 US $ per kg, but then rose again to 14.11 US $ per kg in 2019. The price then decreased to 12.9 US $ per kg in 2020 and 11.79 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Pepper from Philippines will be 11.45 US $ per kg in 2023 and 11.11 US $ per kg in 2024.The the Philippines pepper exports are classified as:
- Pepper of the genus Piper, crushed or ground (HS code 090412)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
Philippines Pepper Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pepper into Philippines has seen a steady increase over the last five years. In 2017, the price was $15.28, and in 2021, it was $11.79. This represents a decrease of 23.2% over the five-year period. The highest price was in 2016, when it was $16.40, and the lowest price was in 2021, when it was $11.79. The average price over the five-year period was $13.86. Based on this trend, it is predicted that the price of Pepper in 2023 will be $10.67, and in 2024 it will be $9.54.Export values for Philippines pepper
The total values in export for pepper in the Philippines were US$ 37,392, US$ 35,208, US$ 29,856 and US$ 32,856 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Philippines: Garlic, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of pepper in other countries across Asia: Kazakhstan pepper, Kyrgyzstan pepper, Tajikistan pepper, Turkmenistan pepper, Uzbekistan pepper, China pepper, Hong Kong pepper, Macao pepper, North Korea pepper & Mongolia pepper.
Philippines pepper - Production, Exports, Imports, Seasons and HS Codes
The quantity of pepper shipped by the Philippines in 2020 was 5,616 metric tonnes. In 2019 The Philippines exported 2,328 tonnes of pepper. In 2019 alone, the market for the Philippines pepper (herbs and spices category) has increased, changing by 4.301 per cent compared to the year 2018. Between 2017 and 2019, pepper's exports grew by 1.04 percent netting the exporter US$32.86m for the year 2019. the Philippiness' pepper exports are classified as:
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, crushed or ground (HS code 090412)
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Philippines pepper export values
In 2019, the Philippines sold pepper with a value of 32.86m USD, an improvement of 10.06% from 2018's total pepper export of 29.856m USD. The annual increase in value of the Philippines pepper between 2017 to 2018 was -15.201 percent.
The annual/yearly change in the amount of the Philippiness' pepper exports between 2017 and 2019 was 1.04 pc when compared to a variation of 4.301% in the growth rate between 2018 and 2019.
Export markets for Philippines pepper ( in '000$ )
the Philippiness' top export markets for pepper are United Arab Emirates (UAE), Qatar, Kuwait, the Netherlands and China.
the Philippines bought 154,584 tonnes of pepper in 2019.
Production
The production of pepper in the Philippines was 897,336 tonnes in 2019 and is predicted to change by an average of 1.02%. The country had an estimated 245,952.00 hectares under pepper cultivation.