What is the price of shrimps & prawns per kilogram/pound in Philippines today?
The retail price range for Philippines shrimps & prawns is between US$ 5.68 and US$ 19.57 per kilogram or between US$ 2.57 and US$ 8.88 per pound(lb). Click here to see today's exact prices of shrimps & prawns in Philippines
The retail price range in Philippine peso for shrimps & prawns is between PHP 315.82 and PHP 1,089.04 per kilogram or between PHP 143.23 and PHP 493.89 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines shrimps & prawns is between US$ 3.97 and US$ 13.70 per kilogram or between US$ 1.80 and US$ 6.21 per pound(lb).
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Philippines Shrimps & Prawns Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shrimps & Prawns from Philippines over the last five years has seen a steady increase. In 2017, the price was 6.33 US $ per kg, followed by 6.10 US $ per kg in 2018. In 2019, the price rose to 6.11 US $ per kg and in 2020, it dropped to 5.48 US $ per kg. The price then increased to 5.89 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Shrimps & Prawns from Philippines in 2023 will be 6.17 US $ per kg and in 2024, it will be 6.25 US $ per kg.Philippines Shrimps & Prawns Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shrimps & Prawns into Philippines has seen a fluctuating trend over the last five years. In 2016, the price was recorded at $5.28, which was the lowest in the period. This was followed by a gradual increase in the price, reaching a peak of $6.85 in 2014. However, the price dropped again in 2015 to $5.61 and has since remained relatively stable, with the latest price recorded at $5.89 in 2021. Looking ahead, it is likely that the import price per kilogram of Shrimps & Prawns into Philippines will remain relatively stable in the coming years. We can predict that the price in 2023 will be around $5.90 and in 2024 it will be around $5.95.Export values for Philippines shrimps & prawns
The total values in export for shrimps & prawns in the Philippines were US$ 50,821, US$ 63,647, US$ 40,620 and US$ 40,695 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Philippines: Sea Bass, Sea Bream, Lobster, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of shrimps & prawns in other countries across Asia: Kazakhstan shrimps & prawns, Kyrgyzstan shrimps & prawns, Tajikistan shrimps & prawns, Turkmenistan shrimps & prawns, Uzbekistan shrimps & prawns, China shrimps & prawns, Hong Kong shrimps & prawns, Macao shrimps & prawns, North Korea shrimps & prawns & Mongolia shrimps & prawns.
Philippines shrimps & prawns - Production, Exports, Imports, Seasons and HS Codes
The quantity of shrimps & prawns exported by the Philippines in 2020 was 3,751 tonnes. In 2019 The Philippines shipped 6,660 tonnes of shrimps & prawns. Through 2019 alone, the interest in the Philippines shrimps & prawns (seafood category) has climbed, changing by 0.03003905 percent compared to the year 2018. Between 2017 and 2019, shrimps & prawns' exports went down by -33.71 pc bringing the exporter US$40.70m for the year 2019. the Philippiness' shrimps & prawns exports are classified as:
- Cold-water shrimps and prawns "Pandalus spp., Crangon crangon", even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030626)
- Shrimps and prawns, whether in shell or not, dried, salted, smoked or in brine, incl. ones in shell, cooked by steaming or by boiling in water (HS code 030695)
- Cold-water shrimps and prawns "Pandalus spp., Crangon crangon", whether in shell or not, live, fresh or chilled (HS code 030635)
- Frozen shrimps and prawns, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030613)
- Shrimps and prawns, prepared or preserved (HS code 160520)
- Shrimps and prawns, even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (excluding cold-water shrimps and prawns) (HS code 030627)
- Shrimps and prawns, whether in shell or not, live, fresh or chilled (excl. cold-water shrimps and prawns "Pandalus spp., Crangon crangon") (HS code 030636)
- Shrimps & prawns, prepared or preserved (HS code 1605Xa)
- Frozen shrimps and prawns, even smoked, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (excluding cold-water shrimps and prawns) (HS code 030617)
- Frozen cold-water shrimps and prawns "Pandalus spp., Crangon crangon", even smoked, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030616)
- Shrimps and prawns, whether in shell or not, live, dried, salted or in brine, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030623)
- Shrimps and prawns, prepared or preserved, in airtight containers (excluding smoked) (HS code 160529)
- Shrimps and prawns, prepared or preserved, not in airtight containers (excluding smoked) (HS code 160521)
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Philippines shrimps & prawns export values
In 2019, the Philippines sold shrimps & prawns valued at 40.70m USD, an increment of 0.20% from 2018's total shrimps & prawns export of 40.62m USD. The annual growth in value of the Philippines shrimps & prawns between 2017 to 2018 was -36.179 pc.
The yearly change in the quantity of the Philippiness' shrimps & prawns exports between 2017 and 2019 was -33.71 percent when compared to a variation of 0.03003905% in the growth rate between 2018 and 2019.
Export markets for Philippines shrimps & prawns ( in '000$ )
the Philippines brought in 4,567 tonnes of shrimps & prawns in 2019.