Price for Soybean in Philippines

Get price analysis and market insights for Philippines Soybean with Tridge.

Wholesale prices of Soybean in Philippines

Historical wholesale price trends

The wholesale price of Philippines Soybean has experienced an upward trend over the past two years, reflecting shifts in market supply and demand. In 2023, wholesale prices ranged from $0.51 to $0.64 USD per kg. By 2024, wholesales prices increased to a new range of $1.11 to $1.11 USD per kg, signaling continued growth in Philippines Soybean price.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$1.11/kg	$0.50/lb	$1.11/kg	$0.50/lb
2023	$0.51/kg	$0.23/lb	$0.64/kg	$0.29/lb
2022	$0.48/kg	$0.22/lb	$0.48/kg	$0.22/lb

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2024-06-30	-	$1.11/kg	PHP 65/1 kg
2024-06-30	-	$1.11/kg	PHP 65/1 kg
2024-06-30	-	$1.11/kg	PHP 65/1 kg

Farmgate prices of Soybean in Philippines

Historical farmgate price trends

The farmgate price of Philippines Soybean has shown an upward trend over the past two years, indicating changes in market supply and demand. In 2023, farmgate prices ranged from $0.51 to $0.64 USD per kg. By 2024, farmgate prices rose to a new range of $0.95 to $1.11 USD per kg, reflecting continued growth in the value of Philippines Soybean.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$0.95/kg	$0.43/lb	$1.11/kg	$0.50/lb
2023	$0.51/kg	$0.23/lb	$0.64/kg	$0.29/lb
2022	$0.53/kg	$0.24/lb	$0.53/kg	$0.24/lb

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2024-12-31	-	$0.86/kg	PHP 50/1 kg
2024-12-31	-	$0.86/kg	PHP 50/1 kg
2024-12-31	-	$0.86/kg	PHP 50/1 kg

Export prices of Soybean in Philippines

Recent export records

On 2024-09-24, Soybean reported as "Soybean meal, raw material for animal feed production, No. 2.1.2 PL VI, Circular 21/2019/TT-BNNPTNT, 100% new" was exported by a company in Philippines to a company in Vietnam.

See the table below for more recent transactions.

Date Date	Unit price Unit price	Reported product name Reported product name	Exporter Exporter	Origin Origin	Importer Importer	Destination Destination
2024-09-24	$000/kg	Soybean meal, raw material for animal feed production, No. 2.1.2 PL VI, Circular 21/2019/TT-BNNPTNT, 100% new	Company name	Philippines	Company name	Vietnam
2024-07-29	$000/kg	PART OF PACKAGE NO 1 SOYBEAN GLY. SOJA SD. EXT./AQ/PG/PRES	Company name	Philippines	Company name	India

To access detailed information, including unit prices and company names, get full access to our .

Import prices of Soybean in Philippines

Historical import price trends

The import prices of Soybean to Philippines have risen over the past two years due to changes in market supply and demand. In 2023, import prices ranged from $0.61 to $1.05 USD per kg. By 2024, these prices had increased to a range of $0.63 to $1.26 USD per kg, reflecting ongoing growth in the import price of Soybean to Philippines.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$0.63/kg	$0.29/lb	$1.26/kg	$0.57/lb
2023	$0.61/kg	$0.28/lb	$1.05/kg	$0.48/lb
2022	$0.60/kg	$0.27/lb	$1.10/kg	$0.50/lb

Recent import records

On 2025-01-23, Soybean reported as “SOYBEANS (CANADIAN SOYBEANS)” was imported by a company in Philippines from a company in Canada.

See the table below for more recent transactions.

Date Date	Unit price Unit price	Reported product name Reported product name	Exporter Exporter	Origin Origin	Importer Importer	Destination Destination
2025-01-23	$000/kg	SOYBEANS (CANADIAN SOYBEANS)	Company name	Canada	Company name	Philippines
2025-01-20	$000/kg	BLACK SOYBEAN	Company name	China	Company name	Philippines
2025-01-17	$000/kg	OTHERS CANADIAN SOY BEANS (DG GLOBAL INC. )	Company name	Canada	Company name	Philippines

To access detailed information, including unit prices and company names, get full access to our .

FAQ for Soybean price in Philippines

What is the HS code for Soybean?

The HS code for Soybean is 120100 - Soya beans; whether or not broken, 120110 - Soya beans; seed, whether or not broken, 120190 - Soya beans; other than seed, whether or not broken.

Where does Tridge source its price data?

Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.

How are the low and high prices for Philippines Soybean calculated?

The low and high prices are calculated from Philippines data for Soybean during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.

How much price data is available for Soybean on Tridge?

In the past 6 months, 6 Soybean price entries were updated for Philippines.

How much transaction data is there for Soybean in Philippines in Tridge?

We have 715 transaction records for Soybean in Philippines. Visit our About Transaction Data page to explore its features.