Key Market Indicators
Filipina Pulses Production is projected to decline to around 56,320 metric tons by 2028, down from approximately 57,840 metric tons in 2023, marking a year-on-year decrease of about 0.4% in compound annual growth rate (CAGR). This downward trend in supply has been ongoing since 1966, with an average annual reduction of 0.8%. In the 2023 global rankings, the Philippines secured the 82nd spot, trailing behind Japan which produced about 57,840 metric tons. Leading the list were Myanmar, Canada, and China, which occupied the second, third, and fourth positions respectively.
