Based on the provided data, the avocados gross production in the Philippines is forecasted to steadily increase from 18.75 million USD (2004–2006 PPP) in 2024 to 19.52 million USD in 2028. The actual value for 2023 stood at 18.57 million USD.
Year-on-year, from 2024 to 2025, the value is projected to grow by approximately 1.06%. From 2025 to 2026, the growth rate is around 1.00%. From 2026 to 2027, it is expected to increase by 0.99%, and from 2027 to 2028, the projected growth is about 0.98%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.00% per year, demonstrating a consistent upward trend.
Future trends to watch for include potential impacts of climate change, evolving consumer preferences towards healthier diets, advancements in agricultural technology, and trade policies affecting avocado exports. Monitoring these factors will be essential for anticipating market fluctuations and ensuring sustainable growth in the sector.
