The import of dried fruits to the Philippines was valued at $1.75 million USD in 2023. The forecasted values for 2024 to 2028 show a steady upward trend, starting from $1.8184 million USD in 2024 to $1.9176 million USD in 2028. This indicates a gradual annual increase. The year-on-year percentage variation stands at approximately 1.41% from 2024 to 2025, 1.36% from 2025 to 2026, 1.32% from 2026 to 2027, and 1.27% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years averages about 1.34%, reflecting consistent growth in this market segment.
Future trends to watch for include potential impacts of global supply chain fluctuations, shifts in consumer preferences towards healthy snacks, tariff changes, and economic factors influencing disposable income in the Philippines. Monitoring these factors could provide deeper insights into the future dynamics of the dried fruit import market.
