Fertilizer consumption in the Philippines is forecasted to increase steadily from 1.24 thousand in 2024 to 1.37 thousand in 2028. Over the last two years, the year-on-year variation in consumption shows consistent growth, with an annual increase of approximately 2.42% between 2024 and 2025, 3.15% between 2025 and 2026, 2.29% from 2026 to 2027, and 2.24% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this period is 2.52%.
Future trends to watch for include potential impacts of government policies aimed at boosting agricultural productivity, advancements in fertilizer technology, and environmental regulations. Additionally, market shifts due to the global supply chain, economic conditions, and climate change could influence future fertilizer consumption patterns.
Latest reports
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