State of the Rice Sector in the

Bicol Region

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

Palay Production (2023)

1,302,649

metric tons

Area Harvested (2023)

344,007

hectares

Yield per Hectare (2023)

3.79

metric tons per hectare

Value of Rice Production (2022)

P 24.46

Billion

Percent Share to Value of Agricultural Production (2022)
Productivity Indicators
Net Returns (2022)

P 11,202

Gross Returns

P 66,599

Total Cost

P 55,397

per kilogram

Dry Palay Price (2023)

P 19.42

Production Cost (2022)

P 15.43

per kilogram

Rice Wholesale Prices (2023)

Regular-milled

P 39.71

Well-willed

P 42.30

per kilogram

Rice Retail Prices (2023)

Regular-milled

P 42.62

Well-milled

P 46.13

per kilogram

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