Based on the data, the forecast for citrus production in the Philippines indicates a declining trend from 2024 to 2028. In 2024, the production value is projected to be 137.14 Thousand Metric Tons which decreases year-on-year by approximately 3.7% in 2025, 3.8% in 2026, 3.9% in 2027, and 3.9% in 2028. The total compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is around -3.83%, demonstrating a consistent annual decrease in production.
Key future trends to monitor include:
- Shifts in climate patterns potentially affecting citrus yield.
- Changes in government policies or subsidies affecting agricultural production.
- Adoption of new agricultural technologies to enhance productivity.
- Market demand fluctuations for citrus products both locally and globally.
