What is the price of soya sauce per kilogram/pound in Philippines today?
The retail price range for Philippines soya sauce is between US$ 3.78 and US$ 4.45 per kilogram or between US$ 1.71 and US$ 2.02 per pound(lb). Click here to see today's exact prices of soya sauce in Philippines
The retail price range in Philippine peso for soya sauce is between PHP 210.41 and PHP 247.38 per kilogram or between PHP 95.42 and PHP 112.19 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines soya sauce is between US$ 2.65 and US$ 3.11 per kilogram or between US$ 1.20 and US$ 1.41 per pound(lb).
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Philippines Soya Sauce Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soya Sauce from Philippines has seen a steady increase over the last five years. In 2016, the price was 0.65 US $ per kg, and in 2021 it was 0.74 US $ per kg. This represents an increase of 13.8%. The highest price was in 2018, when it reached 1.06 US $ per kg. The price has since decreased to 0.77 US $ per kg in 2019 and 2020, and is expected to remain at this level in 2021. Based on this trend, it is likely that the export price per kilogram of Soya Sauce from Philippines will remain around 0.77 US $ per kg in 2023 and 2024.The exports of soya sauce from the Philippines are categorised as:
- Soya sauce (HS code 210310)
Philippines Soya Sauce Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soya Sauce into Philippines has seen a steady increase over the last five years. In 2016, the price was 0.65 US$ per kg, and in 2021, it was 0.74 US$ per kg. This represents an increase of 13.8% over the five-year period. The highest price was recorded in 2018, when it was 1.06 US$ per kg. The price then dropped to 0.77 US$ per kg in 2019 and 2020, before increasing again to 0.74 US$ per kg in 2021. Based on this trend, it is likely that the price of Soya Sauce in Philippines will continue to increase in the coming years. We can predict that the price in 2023 will be around 0.80 US$ per kg, and in 2024 it will be around 0.86 US$ per kg.Export values for Philippines soya sauce
The total values in export for soya sauce in the Philippines were US$ 4,514, US$ 4,332, US$ 3,624 and US$ 5,780 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.
See prices of soya sauce in other countries across Asia: Kazakhstan soya sauce, Kyrgyzstan soya sauce, Tajikistan soya sauce, Turkmenistan soya sauce, Uzbekistan soya sauce, China soya sauce, Hong Kong soya sauce, Macao soya sauce, North Korea soya sauce & Mongolia soya sauce.
Philippines soya sauce - Production, Exports, Imports, Seasons and HS Codes
The amount of soya sauce shipped by the Philippines in 2020 was 8,949 tonnes. In 2019 The Philippines sold 7,572 tonnes of soya sauce. Across 2019 alone, the interest in the Philippines soya sauce (processed category) has improved, flactuating by 120.951 pc compared to the year 2018. Between 2017 and 2019, soya sauce's exports grew by 49.14% earning the exporter US$5.78m for the year 2019. the Philippiness' soya sauce exports are classified as:
- Soya sauce (HS code 210310)
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Philippines soya sauce export values
In 2019, the Philippines sold soya sauce valued at 5.78m USD, an increment of 59.49% from 2018's total soya sauce export of 3.624m USD. The yearly growth in value of the Philippines soya sauce between 2017 to 2018 was -16.343%.
The annual variation in the volume of the Philippiness' soya sauce exports between 2017 and 2019 was 49.14 percent in comparison to a variation of 120.951% in the period between 2018 and 2019.
Export markets for Philippines soya sauce ( in '000$ )
the Philippiness' best performing export markets for soya sauce are US, Canada, United Arab Emirates (UAE), Saudi Arabia and Australia.
the Philippines ordered 7,577 tonnes of soya sauce in 2019.