The wheat supply in the Philippines is projected to increase consistently from 7.09 million metric tons in 2024 to 7.42 million metric tons by 2028. This shows a steady year-on-year growth rate between 1.1% and 1.4%. Comparatively, the wheat supply in 2023 stood at 7.01 million metric tons, indicating a modest growth trend over recent years.
The average compound annual growth rate (CAGR) over the last five years is approximately 1.4%, showcasing a pattern of gradual and sustainable increase in wheat supply volume. While the forecast reveals positive momentum, it will be essential to monitor factors such as climatic changes, technological advancements in agriculture, and trade policies that could influence future wheat supply levels.
