In 2023, the Philippines produced approximately 20.06 million metric tons of unmilled rice, or palay, marking the highest production volume within the recorded period.
The retail price of regular-milled rice in the Philippines has fluctuated since 2019. Starting at an average of 41.16 Philippine pesos per kilogram in 2019, prices declined over the following years before rising to 42.8 pesos per kilogram in 2023. In contrast, the retail price of well-milled rice remained steady at around 43 pesos per kilogram before sharply increasing to 47.41 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.
Production volume of palay or unmilled rice in the Philippines from 2012 to 2023
(in million metric tons)
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PSA (Philippines). (September 10, 2024). Production volume of palay or unmilled rice in the Philippines from 2012 to 2023 (in million metric tons) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/751778/philippines-paddy-production/
PSA (Philippines). "Production volume of palay or unmilled rice in the Philippines from 2012 to 2023 (in million metric tons)." Chart. September 10, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/751778/philippines-paddy-production/
PSA (Philippines). (2024). Production volume of palay or unmilled rice in the Philippines from 2012 to 2023 (in million metric tons). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/751778/philippines-paddy-production/
PSA (Philippines). "Production Volume of Palay or Unmilled Rice in The Philippines from 2012 to 2023 (in Million Metric Tons)." Statista, Statista Inc., 10 Sep 2024, https://www.statista.com/statistics/751778/philippines-paddy-production/
PSA (Philippines), Production volume of palay or unmilled rice in the Philippines from 2012 to 2023 (in million metric tons) Statista, https://www.statista.com/statistics/751778/philippines-paddy-production/ (last visited December 30, 2024)
Production volume of palay or unmilled rice in the Philippines from 2012 to 2023 (in million metric tons) [Graph], PSA (Philippines), September 10, 2024. [Online]. Available: https://www.statista.com/statistics/751778/philippines-paddy-production/