Production volume of unmilled rice Philippines 2012-2023

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.

Rice consumption in the Philippines

The Philippines is among the largest rice consumers globally, with this grain considered a staple food 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 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.