In 2023, Ecuador led the Manila Fibre Abaca yield, achieving 13.56 thousand hectograms per hectare, showing a growth of 9.5% year-on-year. Costa Rica followed with 11.63, boasting a 19% increase. Indonesia's yield was 7.4, marking a 0.81% decrease. The Philippines recorded 4.64, facing a 0.69% decline. Equatorial Guinea had the lowest yield at 0.995, with a significant drop of 3.55%.
- Ecuador demonstrated the highest growth rate in 2023.
- Costa Rica also showed significant yield improvement.
- Indonesia and the Philippines experienced declines.
- Equatorial Guinea saw the most pronounced decrease.
Future trends to watch include potential technological advancements in cultivation, which may further boost yields in leading countries such as Ecuador and Costa Rica. Additionally, addressing environmental challenges could help stabilize or improve yields in countries like Indonesia and the Philippines.
Top countries in Manila Fibre Abaca Yield by Country
| # | 5 Countries | Hectograms Per Hectare | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ecuador | 13,560 | 2023 | +0.1% | +0.095% | View data |
| 2 | 2 Costa Rica | 11,630 | 2023 | +0.18% | +0.19% | View data |
| 3 | 3 Indonesia | 7,400 | 2023 | -0.8% | -0.81% | View data |
| 4 | 4 Philippines | 4,640 | 2023 | -0.68% | -0.69% | View data |
| 5 | 5 Equatorial Guinea | 995 | 2023 | -3.59% | -3.55% | View data |
