The demand for grapes in the Philippines is forecasted to steadily increase from 2024 to 2028, starting at 62 thousand metric tons in 2024 and reaching 67 thousand metric tons by 2028. This represents an average annual growth rate (CAGR) of approximately 2% over the five-year period. To provide context, the actual demand for grapes in 2023 was recorded at 60 thousand metric tons, suggesting a consistent growth pattern in this market.
Year-on-year, the demand is expected to grow as follows:
- 2024: +3.3%
- 2025: +3.2%
- 2026: +1.6%
- 2027: +1.5%
- 2028: +1.5%
Future trends to watch for include factors such as consumer health awareness, preferences for imported versus local grapes, and the impact of trade policies on grape imports. Additionally, market dynamics like changes in household incomes and shifts in dietary habits could significantly influence future demand.
