The forecasted mango production at farm gate in the Philippines is set to grow steadily from 2024 to 2028, starting at 680.1 million Euros in 2024 and reaching 728.58 million Euros by 2028. This marks a compound annual growth rate (CAGR) of approximately 1.75% over this five-year period. Year-on-year growth shows a consistent increase of around 1.8% to 2% annually. These projections suggest a stable and promising outlook for the mango industry in the country.
Key variations to note over the past two years are the steady incremental increases, suggesting a resilient market with potential for expansion. Future trends to watch for include potential new agricultural technologies, sustainability practices, and evolving market demands locally and internationally, which could influence production levels and economic value significantly.
