In 2023, the yield for Chicory and Lettuce in the Philippines stood at 87.5 thousand hectograms per hectare. Forecasts from 2024 to 2028 indicate a steady increase in yields. Specifically, the values are expected to rise from 88.2 in 2024 to 91.06 in 2028.
Year-on-year variations show an increasing trend:
- 2024 to 2025: 0.83%
- 2025 to 2026: 0.81%
- 2026 to 2027: 0.79%
- 2027 to 2028: 0.77%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.79%.
Given the consistent growth in yield, future trends to watch for include advances in agricultural technology, climate change effects, and policy changes related to agriculture that could further influence productivity positively or negatively. Implementing sustainable farming practices would be essential to maintain and possibly enhance the yield trajectory.
