The value of aquaculture production per employee in the Philippines in 2023 was 6.28 thousand US dollars per fish farmer. Forecast data from 2024 to 2028 indicate a steady increase, with the value rising from 6.36 to 6.67 thousand US dollars per fish farmer. Year-on-year variation shows an incremental growth of approximately 1.26% from 2024 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is 1.22%, highlighting a consistent upward trend.
Future trends to watch for include advancements in aquaculture technology, increased investments in sustainable practices, and potential changes in global trade policies that could impact production efficiency and profitability in the sector.
