What is the price of sugar per kilogram/pound in Philippines today?
The retail price range for Philippines sugar is between US$ 1.55 and US$ 2.17 per kilogram or between US$ 0.70 and US$ 0.98 per pound(lb). Click here to see today's exact prices of sugar in Philippines
The retail price range in Philippine peso for sugar is between PHP 86.38 and PHP 120.61 per kilogram or between PHP 39.18 and PHP 54.70 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines sugar is between US$ 1.09 and US$ 1.52 per kilogram or between US$ 0.49 and US$ 0.69 per pound(lb).
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Philippines Sugar Export Prices - Historical, Trends and Prediction
The export price per kilogram of sugar from Philippines over the last five years has been relatively stable. In 2017, the price was 0.45 US $ per kg, followed by 0.50 US $ per kg in 2018. In 2019 and 2020, the price was 0.51 US $ per kg and 0.54 US $ per kg respectively. The price increased to 0.59 US $ per kg in 2021. Based on this trend, it is likely that the export price per kilogram of sugar from Philippines in 2023 will be around 0.62 US $ per kg and in 2024 will be around 0.65 US $ per kg.The exports of sugar from the Philippines are categorised as:
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
Philippines Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Philippines over the last five years has been relatively stable. In 2017, the price was 0.45 US dollars per kg, followed by 0.50 US dollars per kg in 2018. In 2019 and 2020, the price was 0.51 US dollars per kg and 0.54 US dollars per kg respectively. The price increased to 0.59 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of sugar into Philippines in 2023 will be 0.62 US dollars per kg and in 2024 will be 0.65 US dollars per kg.Export values for Philippines sugar
The total values in export for sugar in the Philippines were US$ 87,278, US$ 156,318, US$ 56,387 and US$ 55,260 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 sugar in other countries across Asia: Kazakhstan sugar, Kyrgyzstan sugar, Tajikistan sugar, Turkmenistan sugar, Uzbekistan sugar, China sugar, Hong Kong sugar, Macao sugar, North Korea sugar & Mongolia sugar.
Philippines sugar - Production, Exports, Imports, Seasons and HS Codes
The quantity of sugar sold by the Philippines in 2020 was 117,475 metric tons. In 2019 The Philippines shipped 108,605 tonnes of sugar. Through 2019 alone, the demand for the Philippines sugar (processed category) has gone down, changing by -3.043 pc compared to the year 2018. Between 2017 and 2019, sugar's exports reduced by -68.64% earning the Philippines US$55.26m for the year 2019. the Philippiness' sugar exports are categorised as:
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
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Philippines sugar export values
In 2019, the Philippines supplied sugar costing 55.26m USD, a decrease of -2.00% from 2018's total sugar export of 56.387m USD. The yearly change in value of the Philippines sugar between 2017 to 2018 was -63.928 per cent.
The yearly variation in the amount of the Philippiness' sugar exports between 2017 and 2019 was -68.64 per cent compared to a variation of -3.043% in the period between 2018 and 2019.
Export markets for Philippines sugar ( in '000$ )
the Philippiness' leading export markets for sugar are Papua New Guinea, Latvia, Cambodia, Mongolia and Japan.
the Philippines bought 276,121 tonnes of sugar in 2019.