What is the price of table salt per kilogram/pound in Philippines today?
The retail price range for Philippines table salt is between US$ 0.51 and US$ 2.80 per kilogram or between US$ 0.23 and US$ 1.27 per pound(lb). Click here to see today's exact prices of table salt in Philippines
The retail price range in Philippine peso for table salt is between PHP 28.18 and PHP 156.08 per kilogram or between PHP 12.78 and PHP 70.79 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines table salt is between US$ 0.35 and US$ 1.96 per kilogram or between US$ 0.16 and US$ 0.89 per pound(lb).
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Philippines Table Salt Export Prices - Historical, Trends and Prediction
The export price per kilogram of Table Salt from Philippines has seen a steady increase over the last five years. In 2016, the export price was 0.21 US $ per kg, followed by a decrease to 0.13 US $ per kg in 2017. In 2018, the export price saw a significant jump to 1.29 US $ per kg, before dropping back to 0.19 US $ per kg in 2019. The export price has since remained relatively stable, with 0.12 US $ per kg in 2020 and 0.18 US $ per kg in 2021. Based on this trend, it is predicted that the export price of Table Salt from Philippines will be 0.20 US $ per kg in 2023 and 0.22 US $ per kg in 2024.Philippines Table Salt Import Prices - Historical, Trends and Prediction
The import price of table salt into Philippines over the last five years has been quite volatile. In 2016, the price was at its highest at 0.21 US$ per kg, before dropping to 0.13 US$ per kg in 2017. The price then rose sharply to 1.29 US$ per kg in 2018, before dropping back to 0.19 US$ per kg in 2019. The price then dropped again to 0.12 US$ per kg in 2020, before rising to 0.18 US$ per kg in 2021. Based on this trend, it is likely that the price of table salt in Philippines will remain around 0.18 US$ per kg in 2023 and 2024.Export values for Philippines table salt
The total values in export for table salt in the Philippines were US$ 54, US$ 53, US$ 418 and US$ 188 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 table salt in other countries across Asia: Kazakhstan table salt, Kyrgyzstan table salt, Tajikistan table salt, Turkmenistan table salt, Uzbekistan table salt, China table salt, Hong Kong table salt, Macao table salt, North Korea table salt & Mongolia table salt.
Philippines table salt - Production, Exports, Imports, Seasons and HS Codes
The quantity of table salt sold by the Philippines in 2020 was 591 tons. In 2019 The Philippines shipped 1,005 tonnes of table salt. Through 2019 alone, the interest in the Philippines table salt (processed category) has climbed, with a change of 211.146 percent compared to the year 2018. Between 2017 and 2019, table salt's exports went up by 137.59% netting the country US$0.19m for the year 2019. the Philippiness' table salt exports are classified as:
- Salts, incl. table salt and denatured salt, and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents; sea water (HS code 250100)
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Philippines table salt export values
In 2019, the Philippines supplied table salt costing 0.19m USD, a contraction of -54.55% from 2018's total table salt export of 0.418m USD. The yearly change in value of the Philippines table salt between 2017 to 2018 was 688.679%.
The yearly change in the volume of the Philippiness' table salt exports between 2017 and 2019 was 137.59% in comparison to a variation of 211.146% in the period between 2018 and 2019.
the Philippiness' portion of the world's total table salt's exports in 2019 was 5 pc. The country is ranked position 6 in world exports of table salt.
Export markets for Philippines table salt ( in '000$ )
Import/Export Trends
the Philippines is a net exporter of table salt. The annual growth of the Philippines table salt in value between 2015 to 2019 was 72%, per year, while annual growth in quantity through the same period was 60%, per annum.
the Philippines ordered 691,132 tonnes of table salt in 2019.