In 2023, the export value of dried fruits from the Philippines stood at 2.45 million USD. The forecasted data from 2024 to 2028 indicates a slight but consistent decline in export values. Specifically, the year-on-year variations show a decrease of 0.67% from 2024 to 2025, 0.66% from 2025 to 2026, 0.65% from 2026 to 2027, and 0.65% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period forecasts an average decrease of approximately 0.66% per year.
Future trends to watch for:
- Global market demand for dried fruits, precisely how shifts in consumer preferences toward healthier snack options could affect exports.
- The impact of climate change on fruit production and drying processes, potentially affecting supply.
- Trade policies and agreements that may influence export capabilities or tariffs on dried fruits.
