What is the price of raffia fiber per kilogram/pound in Philippines today?
The retail price range for Philippines raffia fiber is between US$ 8.64 and US$ 11.54 per kilogram or between US$ 3.92 and US$ 5.24 per pound(lb). Click here to see today's exact prices of raffia fiber in Philippines
The retail price range in Philippine peso for raffia fiber is between PHP 480.73 and PHP 642.40 per kilogram or between PHP 218.02 and PHP 291.34 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines raffia fiber is between US$ 6.05 and US$ 8.08 per kilogram or between US$ 2.74 and US$ 3.66 per pound(lb).
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Philippines Raffia Fiber Export Prices - Historical, Trends and Prediction
The export price per kilogram of Raffia fiber from Philippines has seen a significant increase over the last five years. In 2016, the price was 2.77 US $ per kg, which increased to 5.29 US $ per kg in 2018. The highest price was recorded in 2019, at 11.00 US $ per kg. In 2020, the price dropped to 13.17 US $ per kg, and in 2021 it decreased further to 2.62 US $ per kg. Based on the current trend, it is predicted that the export price per kilogram of Raffia fiber from Philippines will be around 3.50 US $ per kg in 2023 and 4.00 US $ per kg in 2024.Philippines Raffia Fiber Import Prices - Historical, Trends and Prediction
The import price per kilogram of Raffia fiber into Philippines has seen a significant increase over the last five years. In 2017, the price was 2.50 US dollars per kg, while in 2021 it was 2.62 US dollars per kg. This is an increase of 5.2%. The highest price was recorded in 2019, when it was 11.00 US dollars per kg. This is an increase of 778.7% from the price in 2017. The most recent price in 2021 is 4.7% lower than the price in 2019. Based on the trend of the last five years, it is predicted that the price of Raffia fiber in 2023 will be around 14.00 US dollars per kg and in 2024 it will be around 15.00 US dollars per kg.Export values for Philippines raffia fiber
The total values in export for raffia fiber in the Philippines were US$ 36, US$ 95, US$ 180 and US$ 33 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Philippines: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
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Philippines raffia fiber - Production, Exports, Imports, Seasons and HS Codes
The amount of raffia fiber shipped by the Philippines in 2020 was 6 tonnes. In 2019 The Philippines shipped 3 tonnes of raffia fiber. For the year 2019 alone, the market for the Philippines raffia fiber (agro commodities category) has decreased, changing by -91.176 percent compared to the year 2018. Between 2017 and 2019, raffia fiber's exports decreased by -92.11% earning the exporter US$0.03m for the year 2019. the Philippiness' raffia fiber exports are classified as:
- Reeds, rushes, osier, raffia, cleaned, bleached or dyed cereal straw, lime bark and other vegetable materials of a kind used primarily for plaiting (excluding bamboos and rattans) (HS code 140190)
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Philippines raffia fiber export values
In 2019, the Philippines supplied raffia fiber with a value of 0.03m USD, a reduction of -83.33% from 2018's total raffia fiber export of 0.18m USD. The annual change in value of the Philippines raffia fiber between 2017 to 2018 was 89.474 per cent.
The yearly change in the quantity of the Philippiness' raffia fiber exports between 2017 and 2019 was -92.11% when compared to a variation of -91.176% in the growth rate between 2018 and 2019.
Export markets for Philippines raffia fiber ( in '000$ )
the Philippines brought in 0 tonnes of raffia fiber in 2019.