In 2023, avocado production in the Philippines stood at a value not greater than 17.3 thousand metric tons. For 2024, the forecasted production is 17.3 thousand metric tons, indicating a stable trend compared to the previous year.
From 2025 to 2028, production is expected to decline gradually: - 2025: 16.89 thousand metric tons (-2.37% YoY) - 2026: 16.48 thousand metric tons (-2.43% YoY) - 2027: 16.09 thousand metric tons (-2.37% YoY) - 2028: 15.7 thousand metric tons (-2.43% YoY)
The Compound Annual Growth Rate (CAGR) over the forecasted five-year period is approximately -2.39%, indicating a consistent average annual decline in avocado production.
Future trends to watch for include potential changes in climate patterns affecting avocado crops, developments in sustainable farming practices, and market demand fluctuations both domestically and internationally. Close monitoring of these factors can provide further insights into long-term production trends.
