Pelagic fish production in the Philippines is forecasted to decline from 1.14 million metric tons in 2024 to 1.05 million metric tons by 2028. This represents a year-on-year decrease of approximately 1.8% from 2024 to 2025, 2.7% from 2025 to 2026, 1.8% from 2026 to 2027, and 1.8% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is -2.0%.

In 2023, the actual production stood at 1.16 million metric tons, which indicates a declining trend that started before the forecast period.

Future trends to watch for:

Environmental impacts, including climate change and overfishing, which may further influence production.
Government policies and initiatives aimed at sustainable fishing practices.
Technological advancements in fishing methods and aquaculture that could potentially offset declines.