In 2023, the production of grapes in the Philippines stood at 223 metric tons. The forecasted data from 2024 to 2028 indicate a steady increase in production as follows: 225.6 metric tons in 2024, 228 metric tons in 2025, 230.3 metric tons in 2026, 232.6 metric tons in 2027, and 234.8 metric tons in 2028.
Observing the year-on-year variations:
- From 2023 to 2024, there is an increase of 1.17%.
- From 2024 to 2025, the increase is 1.06%.
- From 2025 to 2026, there is an increase of 1.01%.
- From 2026 to 2027, the increase is 1.00%.
- From 2027 to 2028, there is an increase of 0.95%.
The compounded annual growth rate (CAGR) for the period from 2023 to 2028 is approximately 1.01%, reflecting a stable growth trend in grape production over the next five years.
Future trends to watch for include potential advancements in agricultural technology, climate change impacts, and changes in local agricultural policies. These factors could significantly influence the consistency and growth of grape production in the Philippines.
