The import of coffee to the Philippines has shown a consistent growth trajectory from 2024 to 2028, with values forecasted to increase from 108.42 million USD in 2024 to 124.71 million USD in 2028. In 2023, the import value was 104.50 million USD. Analyzing the year-on-year percentage variations, coffee imports increased by 3.75% in 2024 and are expected to further grow by approximately 3.85% in 2025, 3.70% in 2026, 3.45% in 2027, and 3.27% in 2028. The compound annual growth rate (CAGR) over these five years is around 3.6%.
Future trends to watch for include potential fluctuations in global coffee prices, changes in local consumption patterns, and any tariff adjustments by the Philippine government. Additionally, domestic coffee production capacities and international trade relations will be crucial factors influencing future import trends. Monitoring economic conditions and consumer behavior will also be vital in anticipating further market dynamics.