The forecasted cocoa beans yield in the Philippines shows a downward trend from 2024 to 2028. In 2023, the actual yield stood at 2.15 thousand hectograms per hectare. The year-on-year variations from 2024 to 2028 indicate a significant decline: -9% from 2024 to 2025, -10% from 2025 to 2026, -10% from 2026 to 2027, and -12% from 2027 to 2028. Over the last two years, the average decrease has been 10%. The compound annual growth rate (CAGR) over the five years from 2023 to 2028 stands at -9.43%.
Future trends to watch for include potential impacts of climate change, advancements in agricultural practices, and governmental policy changes aimed at bolstering the cocoa sector. Monitoring these factors could provide insights into reversing the declining yield trend. Additionally, investments in R&D for disease-resistant cocoa varieties and sustainable farming techniques may help support yield recovery in the long term.
