The Philippines: Meat price index, world average = 100: The latest value from 2021 is 83.8 index points, an increase from 66.79 index points in 2017. In comparison, the world average is 96.25 index points, based on data from 165 countries. Historically, the average for the Philippines from 2017 to 2021 is 75.3 index points. The minimum value, 66.79 index points, was reached in 2017 while the maximum of 83.8 index points was recorded in 2021.

The average domestic retail price of beef pure meat from cattle livestock in the Philippines was approximately ****** Philippine pesos per kilogram in 2023, an increase of about ***** Philippine pesos from the previous year's retail price. This type of meat was the most expensive livestock product in 2023.

As of January 2024, the prices of essential goods in the Philippines increased compared to the same month in the previous year. Except for rice, most basic goods noted a significant increase in prices. For instance, the price of six kilograms of meat rose from nearly 1,600 Philippine pesos in 2022 to 1,843 Philippine pesos in 2024. In addition, the cost of eight kilograms of vegetables increased from 698 to 857 Philippine pesos.

For the third consecutive year, the Philippine chicken meat market recorded decline in sales value, which decreased by -4.1% to $6.7B in 2024. Over the period under review, the total consumption indicated a noticeable increase from 2012 to 2024: its value increased at an average annual rate of +4.0% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Philippines Retail Price: Beef with Bones: Region 3: Cabanatuan City data was reported at 260.000 PHP/kg in 13 Jul 2018. This records an increase from the previous number of 250.000 PHP/kg for 06 Jul 2018. Philippines Retail Price: Beef with Bones: Region 3: Cabanatuan City data is updated weekly, averaging 240.000 PHP/kg from Dec 2013 (Median) to 13 Jul 2018, with 237 observations. The data reached an all-time high of 280.000 PHP/kg in 19 Jan 2018 and a record low of 230.000 PHP/kg in 23 Dec 2016. Philippines Retail Price: Beef with Bones: Region 3: Cabanatuan 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.

The Philippine beef market surged to $2.3B in 2024, with an increase of 21% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Beef consumption peaked in 2024 and is expected to retain growth in the immediate term.

In 2024, the consumer price index (CPI) of meat and other parts of slaughtered land animals in the Philippines was ** points higher than the base year 2018. The price of meat in the country has significantly increased during the observed period. CPI is a measure of the average change over time in the prices paid by consumers for consumer goods.

The Philippine processed meat market was estimated at $4.4B in 2024, increasing by 1.7% against the previous year. In general, the total consumption indicated a measured expansion from 2012 to 2024: its value increased at an average annual rate of +3.7% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -1.3% against 2022 indices.

Philippines Producers Price Index: Food: Processed Meats & Fish data was reported at 207.136 2000=100 in Sep 2018. This records an increase from the previous number of 206.979 2000=100 for Aug 2018. Philippines Producers Price Index: Food: Processed Meats & Fish data is updated monthly, averaging 178.200 2000=100 from Jan 2001 (Median) to Sep 2018, with 213 observations. The data reached an all-time high of 208.254 2000=100 in Apr 2018 and a record low of 109.000 2000=100 in Feb 2001. Philippines Producers Price Index: Food: Processed Meats & Fish data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I052: Producer Price Index: 2000=100.

Philippines RPI: Food: Meat and Meat Preparation: Uncanned Meat data was reported at 1,370.370 1978=100 in Sep 2009. This records an increase from the previous number of 1,366.670 1978=100 for Aug 2009. Philippines RPI: Food: Meat and Meat Preparation: Uncanned Meat data is updated monthly, averaging 937.940 1978=100 from Jan 1990 (Median) to Sep 2009, with 237 observations. The data reached an all-time high of 1,375.290 1978=100 in Jul 2009 and a record low of 458.340 1978=100 in Apr 1990. Philippines RPI: Food: Meat and Meat Preparation: Uncanned Meat data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I059: Retail Price Index: 1978=100: Metro Manila.

Philippines Consumer Price Index (CPI): Food: Meat: Canned: Corned Beef & Sienna data was reported at 147.000 2000=100 in Dec 2011. This records an increase from the previous number of 146.900 2000=100 for Nov 2011. Philippines Consumer Price Index (CPI): Food: Meat: Canned: Corned Beef & Sienna data is updated monthly, averaging 103.650 2000=100 from Jan 1994 (Median) to Dec 2011, with 216 observations. The data reached an all-time high of 147.000 2000=100 in Dec 2011 and a record low of 86.500 2000=100 in Jan 1994. Philippines Consumer Price Index (CPI): Food: Meat: Canned: Corned Beef & Sienna data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I030: Consumer Price Index: 2000=100.

The Philippine lamb and sheep meat market amounted to $5.4M in 2024, increasing by 3.9% against the previous year. Over the period under review, the total consumption indicated a modest increase from 2012 to 2024: its value increased at an average annual rate of +1.6% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -23.1% against 2022 indices.

Philippines RPI: Food: Meat and Meat Preparation: Fresh and Frozen data was reported at 1,101.140 1978=100 in Sep 2009. This records an increase from the previous number of 1,093.950 1978=100 for Aug 2009. Philippines RPI: Food: Meat and Meat Preparation: Fresh and Frozen data is updated monthly, averaging 676.060 1978=100 from Jan 1990 (Median) to Sep 2009, with 237 observations. The data reached an all-time high of 1,101.140 1978=100 in Sep 2009 and a record low of 425.440 1978=100 in Jan 1990. Philippines RPI: Food: Meat and Meat Preparation: Fresh and Frozen data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I059: Retail Price Index: 1978=100: Metro Manila.

The Philippines has seen high levels of meat consumption in 2024, with pork leading the way at ***** kilograms per person. This underscores the nation's growing appetite for meat products, particularly pork and poultry. Poultry production and pricing Chicken remains a popular meat choice in the Philippines, with approximately **** billion chickens slaughtered for meat production in 2023. Central Luzon emerged as the top producer, followed by CALABARZON. Interestingly, native or improved chicken commanded the highest average farmgate price among poultry animals in 2023, which was significantly higher than broiler chicken. Meat imports and consumption patterns To meet the growing demand, the Philippines imported over a million metric tons of meat in 2023. Across the different meat types, pork registered the highest volume of meat imports in comparison to poultry. Imported pork meat significantly contributes to current supply, as domestic pork meat production has stagnated since 2021.

The average volume per capita in the 'Meat' segment of the food market in Portugal was forecast to continuously increase between 2025 and 2030 by in total six kilograms (+**** percent). After the tenth consecutive increasing year, the average volume per capita is estimated to reach ***** kilograms and therefore a new peak in 2030. Notably, the average volume per capita of the 'Meat' segment of the food market was continuously increasing over the past years.Find further information concerning the volume in the 'Fish & Seafood' segment of the food market in the Philippines and the price per unit in the 'Confectionery' segment of the food market in Japan. The Statista Market Insights cover a broad range of additional markets.

Philippines Consumer Price Index (CPI): Food: Meat: Fresh: Beef data was reported at 183.300 2000=100 in Dec 2011. This records an increase from the previous number of 182.800 2000=100 for Nov 2011. Philippines Consumer Price Index (CPI): Food: Meat: Fresh: Beef data is updated monthly, averaging 112.350 2000=100 from Jan 1994 (Median) to Dec 2011, with 216 observations. The data reached an all-time high of 183.300 2000=100 in Dec 2011 and a record low of 85.300 2000=100 in Jan 1994. Philippines Consumer Price Index (CPI): Food: Meat: Fresh: Beef data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I030: Consumer Price Index: 2000=100.

Philippines Consumer Price Index (CPI): FN: Food: MS: Meat, Offal, Blood & Other Parts of Animals data was reported at 126.773 2018=100 in Apr 2025. This records an increase from the previous number of 126.662 2018=100 for Mar 2025. Philippines Consumer Price Index (CPI): FN: Food: MS: Meat, Offal, Blood & Other Parts of Animals data is updated monthly, averaging 77.864 2018=100 from Jan 1994 (Median) to Apr 2025, with 376 observations. The data reached an all-time high of 126.773 2018=100 in Apr 2025 and a record low of 40.336 2018=100 in Jan 1994. Philippines Consumer Price Index (CPI): FN: Food: MS: Meat, Offal, Blood & Other Parts of Animals data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table.PH.I013: Consumer Price Index: 2018=100.

Duck and goose meat imports into the Philippines skyrocketed to 220 tons in 2023, with an increase of 29% compared with the year before.

In 2024, the average farmgate price of cattle for slaughter in the Philippines reached about ****** Philippine pesos per kilo, indicating a 12 percent increase from the previous year. The average farmgate price of cattle for slaughter gradually increased since 2017.

As of July 2020, swine inventory from commercial farms in the Philippines contracted by **** percent compared to the previous year. In contrast, swine inventory from backyard farms grew slightly. Swine or hog farming is one of the primary sources of livestock in the Philippines.

Pork consumption
The Philippines is a meat consuming nation, where pork was the most devoured, among others. The country’s per capita consumption of this meat was over ** kilograms since 2007, and its total domestic consumption volume has always been more than *** million metric tons over the years. Because of this, the country has seen a rising demand for swine meat.

Pork imports
As of January 2020, the Philippines imported more than *** thousand metric tons of swine or pork meat. As the growth in number of hogs was slowing down since 2017, the country imported more swine meat to meet domestic demand, resulting in an increasing average farmgate price. This stood at over 100 Philippine pesos per kilogram since 2016.