Philippines: retail price of muscovado sugar 2023 | Statista (2024)

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Retail price of muscovado sugar in the Philippines from 2016 to 2023 (in Philippine pesos per kilogram) Statistics on " Sugar market in India " Other statistics that may interest you Sugar market in India Topics FAQs References

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    Published by C. Balita, Jul 10, 2024

    In 2023, the retail price of one kilogram of muscovado sugar in the Philippines was 120 Philippine pesos, indicating a significant increase from the previous year. This was also the highest price recorded during the given time period. The country produced 197,000 metric tons of muscovado sugar that year.

    Retail price of muscovado sugar in the Philippines from 2016 to 2023 (in Philippine pesos per kilogram)

    CharacteristicPrice per kilogram in Philippine pesos
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    --
    --
    --
    --
    --
    --

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    Release date

    April 2024

    More information

    Region

    Philippines

    Survey time period

    2016 to 2023

    Supplementary notes

    One Philippines peso is equal to 0.017 U.S. dollars and 0.016 euros as of July 2024.

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    Other statistics on the topic

    +FarmingGlobal sugar production by leading country 2022/23+FarmingSugar: exports of major countries 2023/2024+FarmingSugar production worldwide 2010/11-2024/25+FarmingGlobal sugar consumption 2023/2024, by leading country

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    Statistics on " Sugar market in India "

    The most important statistics

    • Sugar production worldwide 2010/11-2024/25
    • Global sugar production by leading country 2022/23
    • Sugar: exports of major countries 2023/2024
    • Global sugar exports 2012/13- 2024/25
    • Global sugar consumption 2023/2024, by leading country
    • Sugar stocks worldwide 2010/11-2023/24

    The most important statistics

    • Area of cultivation for sugarcane in India FY 2005-2023
    • Sugar production volume in India 2018/19-2023/24
    • Production volume of sugarcane in India FY 2022, by state
    • Productivity of sugarcane in India FY 2016-2023
    • Annual yield of sugarcane in India FY 2014-2022

    The most important statistics

    • Value of sugar exports from India FY 2015-2023
    • Export volume of sugar across India FY 2014-2022
    • Export value of sugars and sugar confectionery India FY 2022, by destination
    • Import volume of sugar India FY 2011-2022
    • Import value of sugar India FY 2011-2022
    • Import value of sugars and sugar confectionery India FY 2022, by country of origin

    The most important statistics

    • Main sugar companies in India 2024, by market capitalization
    • Retail price of sugar per kilogram in India 2022, by major city
    • Retail sales value of sugar confectionery in India 2017-2028
    • Retail sales value of sugar confectionery in India 2023, by segment

    Other statistics that may interest you Sugar market in India

    Global overview

    6

    • Premium Statistic Sugar production worldwide 2010/11-2024/25
    • Premium Statistic Global sugar production by leading country 2022/23
    • Premium Statistic Sugar: exports of major countries 2023/2024
    • Premium Statistic Global sugar exports 2012/13- 2024/25
    • Premium Statistic Global sugar consumption 2023/2024, by leading country
    • Basic Statistic Sugar stocks worldwide 2010/11-2023/24

    Production

    5

    • Premium Statistic Area of cultivation for sugarcane in India FY 2005-2023
    • Premium Statistic Sugar production volume in India 2018/19-2023/24
    • Premium Statistic Production volume of sugarcane in India FY 2022, by state
    • Premium Statistic Productivity of sugarcane in India FY 2016-2023
    • Premium Statistic Annual yield of sugarcane in India FY 2014-2022

    International trade

    6

    • Basic Statistic Value of sugar exports from India FY 2015-2023
    • Premium Statistic Export volume of sugar across India FY 2014-2022
    • Premium Statistic Export value of sugars and sugar confectionery India FY 2022, by destination
    • Premium Statistic Import volume of sugar India FY 2011-2022
    • Premium Statistic Import value of sugar India FY 2011-2022
    • Premium Statistic Import value of sugars and sugar confectionery India FY 2022, by country of origin

    Retail

    4

    • Premium Statistic Main sugar companies in India 2024, by market capitalization
    • Premium Statistic Retail price of sugar per kilogram in India 2022, by major city
    • Premium Statistic Retail sales value of sugar confectionery in India 2017-2028
    • Premium Statistic Retail sales value of sugar confectionery in India 2023, by segment

    Further Content: You might find this interesting as well

    Topics

    Sugar market in India Sugar industrySugar industry in the UKSugar confectionery market in the UKSugar substitutes and sweeteners in the U.S.

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    Philippines: retail price of muscovado sugar 2023 | Statista (2024)

    FAQs

    Philippines: retail price of muscovado sugar 2023 | Statista? ›

    In 2023, the retail price of one kilogram of muscovado sugar

    muscovado sugar
    Muscovado is a type of partially refined to unrefined sugar with a strong molasses content and flavour, and dark brown in colour. It is technically considered either a non-centrifugal cane sugar or a centrifuged, partially refined sugar according to the process used by the manufacturer.
    https://en.wikipedia.org › wiki › Muscovado
    in the Philippines was 120 Philippine pesos, indicating a significant increase from the previous year. This was also the highest price recorded during the given time period. The country produced 197,000 metric tons of muscovado sugar that year.

    Get More Info ›
    Where is muscovado sugar from in the Philippines? ›

    Territory
    StatePhilippines
    RegionWestern Visayas (Region VI)
    Production area:Kabankalan, Negros Occidental and Luau-an, Antique Province
    2 more rows

    Tell Me More ›
    What is the demand for sugar in the Philippines? ›

    Despite the increased output, it remains insufficient to meet the country's estimated demand of 2.2 million MT to 2.4 million MT, in addition to maintaining a healthy buffer stock level. SRA data revealed that raw sugar supply rose by 26.5% from 449,541 MT in May 2023 to 568,734 MT in 2024.

    Learn More Now ›
    How much sugar is in the Philippines? ›

    The Philippines consumes around 2.5m tonnes of sugar each year, making it one of the largest consumers in Asia, along with India, China, Indonesia and Thailand. This equates to 23.5kg on a per capita basis, near its historic high.

    See More ›
    What is the average consumption of sugar in the Philippines? ›

    Sugar consumption per capita reached 19.4 kg in 2021 in Philippines, according to Faostat. This is 13.9% less than in the previous year. Historically, sugar consumption per capita in Philippines reached an all time high of 26.6 kg in 1996 and an all time low of 11.4 kg in 1962.

    Tell Me More ›
    What is muscovado sugar called in America? ›

    Muscovado sugar — also called Barbados sugar, khandsari, or khand — is unrefined cane sugar that still contains molasses, giving it a dark brown color and texture similar to that of wet sand. It's most similar to other unrefined cane sugars like jaggery and panela, but brown sugar can be used as a substitute as well.

    Continue Reading ›
    What is the Tagalog of muscovado? ›

    muscovado is an alternate spelling of the Tagalog word maskabado. Alternate spellings may include abbreviations, informal spellings, slang, and/or commonly misspelled variations of a word. Base word: maskabado. [noun] unrefined sugar.

    Learn More ›
    What is the current price of sugar in the Philippines? ›

    The retail price range in Philippine peso for sugar is between PHP 85.31 and PHP 119.12 per kilogram or between PHP 38.69 and PHP 54.02 per pound(lb) in Manila and Quezon.

    See Details ›
    Why is sugar price in Philippines so high? ›

    Because of El Nino, there are fewer areas in the country where sugarcane is planted. At the backdrop of a global price hike and a landscape dominated by monopolies, sugar prices in the Philippines remain inflated and much higher than the global average.

    Read The Full Story ›
    Which province is the top producer of sugar in the Philippines? ›

    Negros Occidental is the country's top sugar-producing province. According to the SRA's Sugar Regulatory directory, the province hosts five out of 12 active sugar refineries for the 2021–22 crop year.

    Read On ›

    Who is the sugar capital of the Philippines? ›

    Bacolod, city, northwestern portion of the island of Negros, Philippines. On a coastal plain washed by Guimaras Strait, it lies opposite Guimaras Island and has been called the Philippine sugar capital because of its central location within the country's most important sugar-producing area.

    Get More Info ›
    Is there sugar tax in Philippines? ›

    As at September 2023, the SB tax remains in place. The SBs included under the tax were sweetened juice drinks, sweetened teas, carbonated beverages, flavoured waters, energy and sports drinks, powdered drinks, cereal and grain-based beverages, and other beverages containing added sugar.

    Continue Reading ›
    Why is there sugar shortage in the Philippines? ›

    Sugar shortage in the Philippines is “artificial” and was caused by some traders' allegedly hoarding supply to rake in profits, the government said.

    Show Me More ›
    How much is 1 kg of white sugar in the Philippines? ›

    Sugar retail price per kilo Philippines CY 2020/21 - CY 2022/23, by type. During the 2022/2023 crop year, refined sugar in the Philippines was being sold at 105 Philippine pesos, a significant increase from the prevailing retail price in the 2020/21 crop year, which was about 54.5 Philippine pesos per kilo.

    Find Out More ›
    Which country has the highest rate of sugar? ›

    India leads the pack as the largest sugar producer, with a production of 34,300,000 tonnes, securing its top ranking.

    Tell Me More ›
    Which country eats a lot of sugar? ›

    The United States is the biggest consumer of sugar on the globe. According to sources, the country's per capita sugar consumption is 126.4 grams daily. That translates to more than ten times the lowest recommended intake of 11grams per day.

    Continue Reading ›
    What is another name for muscovado sugar? ›

    Muscovado sugar is also known as Barbados sugar, khandsari, or khand. It's made mostly in India, Colombia, and the West Indies, with India being the top producer. Unlike granulated and brown sugars, muscovado sugar is an unrefined or “raw” sugar, meaning the molasses has not been removed.

    Show Me More ›
    Where did sugar come from in the Philippines? ›

    Sugarcane, specifically Saccharum sinense, is one of the original major crops of the Austronesian peoples (which includes Filipinos), since at least 3500 BCE. It reached the Philippines from Taiwan with the Austronesian Expansion by around 2200 BCE.

    Get More Info Here ›
    Is there a difference between muscovado sugar and brown sugar? ›

    Brown sugar is refined white sugar with molasses added back to it. Muscovado sugar is less refined, so it retains much of its molasses component. The amount of molasses determines whether it is “light” or “dark”: the darker the sugar, the more molasses it contains.

    Keep Reading ›
    Is muscovado sugar good for diabetics? ›

    Is it safe for diabetics? Compared to refined sugar, muscovado sugar has a slightly lower glycemic index, which is a measure of how quickly a food raises blood sugar levels. People with diabetes should still consume muscovado sugar in moderation, as it is still a type of sugar.

    Read On ›

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