What is the price of tallow fat per kilogram/pound in Philippines today?
The retail price range for Philippines tallow fat is between US$ 11.36 and US$ 14.20 per kilogram or between US$ 5.15 and US$ 6.44 per pound(lb). Click here to see today's exact prices of tallow fat in Philippines
The retail price range in Philippine peso for tallow fat is between PHP 631.89 and PHP 790.14 per kilogram or between PHP 286.57 and PHP 358.34 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines tallow fat is between US$ 7.95 and US$ 9.94 per kilogram or between US$ 3.60 and US$ 4.51 per pound(lb).
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Philippines Tallow Fat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Tallow Fat from Philippines over the last five years has been relatively stable. In 2017, the price was 2.25 US $ per kg, followed by 2.22 US $ per kg in 2018. In 2019, the price dropped to 2.00 US $ per kg and then increased to 2.06 US $ per kg in 2020. The highest price was recorded in 2021, at 2.60 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Tallow Fat from Philippines in 2023 will be around 2.70 US $ per kg and in 2024 will be around 2.80 US $ per kg.The tallow fat exports from the Philippines are classified as:
- Fats of bovine animals, sheep or goats (excluding tallow, oleostearin and oleo-oil) (HS code 150290)
- Tallow of bovine animals, sheep or goats (excluding oil and oleostearin) (HS code 150210)
- Fats of bovine animals, sheep or goats (excluding lard stearin, lard oil, oleostearin, oleooil and tallow oil, not emulsified or mixed or otherwise prepared) (HS code 150200)
Philippines Tallow Fat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Tallow Fat into Philippines has been relatively stable over the last five years. In 2016, the price was $2.11, followed by $2.25 in 2017, $2.22 in 2018, $2.00 in 2019 and $2.06 in 2020. The highest price was recorded in 2014 at $4.14. Looking ahead, we can predict that the import price per kilogram of Tallow Fat into Philippines will remain relatively stable, with an estimated price of $2.60 in 2021 and $2.62 in 2022.Export values for Philippines tallow fat
The total values in export for tallow fat in the Philippines were US$ 95, US$ 63, US$ 51 and US$ 18 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Philippines: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of tallow fat in other countries across Asia: Kazakhstan tallow fat, Kyrgyzstan tallow fat, Tajikistan tallow fat, Turkmenistan tallow fat, Uzbekistan tallow fat, China tallow fat, Hong Kong tallow fat, Macao tallow fat, North Korea tallow fat & Mongolia tallow fat.
Philippines tallow fat - Production, Exports, Imports, Seasons and HS Codes
The quantity of tallow fat exported by the Philippines in 2020 was 32 metric tonnes. In 2019 The Philippines exported 9 tonnes of tallow fat. Across 2019 alone, the interest in the Philippines tallow fat (meat category) has shrunk, changing by -60.87 % compared to the year 2018. Between 2017 and 2019, tallow fat's exports reduced by -67.86% netting the nation US$0.02m for the year 2019. the Philippiness' tallow fat exports are categorised as:
- Tallow of bovine animals, sheep or goats (excluding oil and oleostearin) (HS code 150210)
- Fats of bovine animals, sheep or goats (excluding lard stearin, lard oil, oleostearin, oleooil and tallow oil, not emulsified or mixed or otherwise prepared) (HS code 150200)
- Fats of bovine animals, sheep or goats (excluding tallow, oleostearin and oleo-oil) (HS code 150290)
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Philippines tallow fat export values
In 2019, the Philippines supplied tallow fat with a value of 0.02m USD, a reduction of -60.78% from 2018's total tallow fat export of 0.051m USD. The yearly change in value of the Philippines tallow fat between 2017 to 2018 was -19.048%.
The yearly change in the quantity of the Philippiness' tallow fat exports between 2017 and 2019 was -67.86 percent compared to a variation of -60.87% in the period between 2018 and 2019.
the Philippiness' portion of the world's total tallow fat's exports in 2019 was less than 1%. The country holds position 84 in world exports of tallow fat.
Export markets for Philippines tallow fat ( in '000$ )
the Philippiness' leading destinations for tallow fat are Thailand, Canada, Hong Kong, United Arab Emirates (UAE) and Saudi Arabia.
Import/Export Trends
the Philippines is a net importer of tallow fat. The annual growth of the Philippines tallow fat in value between 2015 to 2019 was 272%, per annum, while annual growth in quantity during the same period was %, per annum.
the Philippines bought 26,620 tonnes of tallow fat in 2019.