The import of avocados to the Philippines has been forecasted from 2024 through 2028, demonstrating a steady increase in value from 19.48 thousand US dollars in 2024 to 23.4 thousand US dollars by 2028. This upward trend marks a continuation of the increasing demand observed in previous years, with each year showing consistent growth. Compared to the actual value in 2023, the year-on-year percentage increase from 2024 to 2025 is approximately 5.2%, and the same growth rate continues through to 2028, averaging a Compound Annual Growth Rate (CAGR) of around 4.8% over the last five years.
Future trends to watch for include potential changes in trade policies, fluctuations in global avocado production, and shifts in consumer preferences that may impact the import volume. Additionally, advancements in agricultural practices and logistics could influence the supply chain efficiency and cost structure for avocados.
