The average domestic retail price of well-milled rice in the Philippines was around ***** Philippine pesos per kilogram in 2023. The retail price of palay was highest in 2018 at roughly ***** Philippine pesos per kilo. Palay was among the crops with the highest production volume in that year.

In 2024, the consumer price index (CPI) of rice in the Philippines was ** points higher compared to the base year 2018. The price of rice in the country peaked in the current year. The CPI is a measure of the average change over time in the prices paid by consumers for consumer goods.

In 2024, the Philippine rice market increased by 19% to $15.9B, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2024 and is likely to see steady growth in the immediate term.

Philippines Retail Price: Rice Premium: Metro Manila data was reported at 52.000 PHP/kg in 07 Dec 2018. This records an increase from the previous number of 47.000 PHP/kg for 30 Nov 2018. Philippines Retail Price: Rice Premium: Metro Manila data is updated weekly, averaging 45.000 PHP/kg from Dec 2013 (Median) to 07 Dec 2018, with 259 observations. The data reached an all-time high of 54.000 PHP/kg in 31 Aug 2018 and a record low of 42.000 PHP/kg in 18 Apr 2014. Philippines Retail Price: Rice Premium: Metro Manila data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P001: Retail Price: Selected Agricultural Commodities.

Rice fell to 11.01 USD/cwt on October 3, 2025, down 0.59% from the previous day. Over the past month, Rice's price has fallen 5.21%, and is down 27.06% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rice - values, historical data, forecasts and news - updated on October of 2025.

Get the latest insights on price movement and trend analysis of Rice in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Brown rice exports from the Philippines stood at X tons in 2018, growing by X% against the previous year. Over the period under review, brown rice exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. In that year, brown rice exports reached their peak and are likely to continue its growth in the immediate term.

Broken Rice Price in the Philippines - 2023. Find the latest marketing data on the IndexBox platform.

The Philippine Hybrid Rice Seed Market Report is Segmented by Type (Transgenic and Non-Transgenic). The Market Forecasts are Provided in Terms of Value (USD).

429 Global import shipment records of Basmati Rice with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The Asia-Pacific Rice Market Report is Segmented by Geography (China, India, Indonesia, Bangladesh, Thailand, Vietnam, Philippines, and More). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

The Philippines Rice Seed Market is segmented by Breeding Technology (Hybrids, Open Pollinated Varieties & Hybrid Derivatives). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of seeds by breeding technology, cultivation mechanism and crop.

Philippines Retail Price: Rice Special: Region 11: Davao City data was reported at 48.000 PHP/kg in 13 Jul 2018. This stayed constant from the previous number of 48.000 PHP/kg for 06 Jul 2018. Philippines Retail Price: Rice Special: Region 11: Davao City data is updated weekly, averaging 45.000 PHP/kg from Dec 2013 (Median) to 13 Jul 2018, with 237 observations. The data reached an all-time high of 49.000 PHP/kg in 18 May 2018 and a record low of 42.000 PHP/kg in 27 Mar 2015. Philippines Retail Price: Rice Special: Region 11: Davao City data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P001: Retail Price: Selected Agricultural Commodities.

Philippines Retail Price: Rice Special: Region 2: Tuguegarao City data was reported at 45.000 PHP/kg in 09 Nov 2018. This stayed constant from the previous number of 45.000 PHP/kg for 02 Nov 2018. Philippines Retail Price: Rice Special: Region 2: Tuguegarao City data is updated weekly, averaging 38.000 PHP/kg from Dec 2013 (Median) to 09 Nov 2018, with 254 observations. The data reached an all-time high of 48.500 PHP/kg in 12 Oct 2018 and a record low of 33.000 PHP/kg in 22 Apr 2016. Philippines Retail Price: Rice Special: Region 2: Tuguegarao City data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P001: Retail Price: Selected Agricultural Commodities.

Brown Rice Price in the Philippines - 2023. Find the latest marketing data on the IndexBox platform.

In January 2025, the average paddy rice import price amounted to $3,533 per ton, falling by -25.3% against the previous month.

The Philippines Hybrid Rice Seed Market size was valued at USD 84.68 Million in 2023 and is projected to reach USD 116.95 Million by 2032, exhibiting a CAGR of 4.72 % during the forecasts periods. The growth is driven by the benefits of hybrid seeds, including their higher yield potential, resistance to pests and diseases, and adaptability to changing climatic conditions. Government initiatives, such as the National Rice Program and the Rice Competitiveness Enhancement Fund, have also played a key role in promoting the adoption of hybrid seeds. Additionally, the rising food security concerns in the country, coupled with technological advancements in seed breeding, are contributing to the growth of the hybrid rice seed market. The major applications for hybrid seeds include commercial farming, seed production, and research and development. Key players in the market include Longping Tropical Rice Development Inc., Bayer AG, SL Agritech Corporation, and Bioseed Research Philippines Inc. Recent developments include: July 2022: Department of Agriculture Philippines launched an information system that will hasten rice seed-related transactions and processes. This system is developed by Philippine Rice Research Institute (PhilRice) and the Bureau of Plant Industry (BPI) which includes production planning, field data collection, documentation, and geotagging; monitoring, inventory, and distribution of seed reserve; seed source tracing; application and approval of accreditation and seed certifications; and report generation, among other modules and apps., July 2022: The Philippine Rice Research Institute (PhilRice) collaborated with the Department of Agriculture-Regional Field Office and distributed Golden Rice (GR) seeds to farmers in areas of Urdaneta City and Manaoag, Pangasinan., February 2022: According to the Department of Agriculture, the mass production of Golden Rice seeds has started in the current year in the country, especially in the vitamin A-deficient provinces, to utilize and promote biotechnology in the Philippines. Philippine Rice Research Institute leads this program.. Key drivers for this market are: Adoption of Organic and Eco-friendly Farming Practices, Declining Area of Arable Land and Rising Food Security Concerns. Potential restraints include: High Demand for Conventional and Synthetic Products, Lack of Awareness and Other Factors Limiting the Adoption of Agricultural Inoculants. Notable trends are: Increasing Consumption of Rice as a Staple Food.

Hedonic pricing analysis is conducted to determine the implicit values of various attributes in the market value of a good. In this study, hedonic pricing analysis was applied to measure the contribution of grain quality search and experience attributes to the price of rice in two rural towns in the Philippines. Rice samples from respondents underwent quantitative routine assessments of grain quality. In particular, gelatinization temperature and chalkiness, two parameters that are normally assessed through visual scores, were evaluated by purely quantitative means (differential scanning calorimetry and by digital image analysis). Results indicate that rice consumed by respondents had mainly similar physical and chemical grain quality attributes. The respondents’ revealed preferences were typical of what has been previously reported for Filipino rice consumers. Hedonic regression analyses showed that grain quality characteristics that affected price varied by income class. Some of the traits or socioeconomic factors that affected price were percent broken grains, gel consistency, and household per capita rice consumption. There is an income effect on rice price and the characteristics that affect price vary between income classes.

Philippines Retail Price: Rice Premium: Region 7: Cebu City data was reported at 51.000 PHP/kg in 07 Dec 2018. This stayed constant from the previous number of 51.000 PHP/kg for 30 Nov 2018. Philippines Retail Price: Rice Premium: Region 7: Cebu City data is updated weekly, averaging 45.000 PHP/kg from Dec 2013 (Median) to 07 Dec 2018, with 259 observations. The data reached an all-time high of 51.000 PHP/kg in 07 Dec 2018 and a record low of 42.000 PHP/kg in 21 Feb 2014. Philippines Retail Price: Rice Premium: Region 7: Cebu City data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P001: Retail Price: Selected Agricultural Commodities.

In 2023, the Philippines produced approximately ***** million metric tons of unmilled rice, or palay, marking the highest production volume within the recorded period. Rice consumption in the Philippines The Philippines is among the largest rice consumers globally, with this grain considered a staple among Filipino households. Rice is a constant companion in most Filipino dishes and is a main ingredient for several snacks and desserts. However, despite domestic production, the Philippines imports large volumes of rice, especially broken and glutinous rice, making it one of the largest rice importers in the Asia-Pacific region after China. Retail price of rice in the Philippines The retail price of regular-milled rice in the Philippines has fluctuated since 2019. Starting at an average of ***** Philippine pesos per kilogram in 2019, prices declined over the following years before rising to **** pesos per kilogram in 2023. In contrast, the retail price of well-milled rice remained steady at around ** pesos per kilogram before sharply increasing to ***** pesos per kilogram in that year. Special rice remains the most expensive variety. The price of rice in the Philippines is affected by multiple factors, including global supply and demand, domestic production, and trade policies.