The import of fresh or chilled mushrooms to the Philippines is forecasted to grow steadily over the next five years. In 2023, imports stood at 1.8975 million USD. For 2024 through 2028, the values are forecasted to be 1.9869 million USD, 2.0799 million USD, 2.1712 million USD, 2.2605 million USD, and 2.3482 million USD respectively. This indicates a consistent year-on-year growth, showcasing an increasing demand in the country. The year-on-year percentage variations for the years 2024 and 2025 are 4.70% and 4.69% respectively. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 4.42%, indicating a robust expanding market.
Future trends to watch for include potential shifts in consumer preferences towards more organic and locally-sourced produce, which could impact import volumes. Additionally, any changes in trade policies or tariffs, and fluctuations in global mushroom supply chains, could also influence future import dynamics.