State of the Rice Sector in the

Philippines

What is the status of the rice industry? Explore and get insights about the trend of the
key performance indicators of rice production, consumption, and market.

Population: 112.9 MILLION (PSA, 2023 est.)
Palay Production (2023)

20.06

million metric tons

Area Harvested (2023)

4.82

million hectares

Yield per Hectare (2023)

4.17

metric tons per hectare

Supply (2022)

18.64

million metric tons

Utilization (2022)

16.79

million metric tons

Annual Per Capita Consumption (2016)

109.88

kilograms

Daily Per Capita Consumption (2016)

301.03

grams

Value of Rice Production (2023)

406.01

Billion Pesos

Share to Agri. Production (2023)

23%

Productivity Indicators
Profitability Indicator (2022)
Net Returns

P 17,305

Gross Returns

P 71,678

Total Cost

P 54,373

per hectare per cropping season

Imports (2022)

3.86

million metric tons

Exports (2022)

< 1

thousand m. tons

Rice Stock (Aug 2024)
Household

0.55

Commercial

1.17

NFA

0.15

million metric tons

Urea

P 1,581.41

per 50-kg bag

Complete

P 1,603.60

per 50-kg bag

September 30, 2024 to October 4, 2024

Rice Area Map
Card image cap
Dry Palay Price (2023)

P 19.88

Production Cost (2022)

P 14.98

per kilogram

Rice Wholesale Prices (2023)
Well-Milled

P 42.13

Regular-Milled

P 38.80

per kilogram

Rice Retail Prices (2023)
Well-Milled

P 47.41

Regular-Milled

P 42.80

per kilogram

Data courtesy with the following sources
RiceLytics was developed through the funding support of DOST-PCIEERD from 2021 to 2022.