White shrimp production in the Philippines is projected to decrease from 1.16 thousand metric tons in 2024 to 1.03 thousand metric tons by 2028. In comparison, the volume recorded in 2023 stood at 1.19 thousand metric tons. This reflected a year-on-year decline of approximately -3.8% between 2023 and 2024. Analyzing further, the decrease continues with annual variations noted at -2.6% between 2024 and 2025, -2.7% from 2025 to 2026, -2.7% from 2026 to 2027, and -3.7% from 2027 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 stands at -2.7%.
Future trends to watch for include potential impacts of climate change on marine ecosystems, technological advancements in aquaculture, changes in government regulations, and fluctuations in export demand, all of which could drive variations in white shrimp production volumes.
