The forecast for the mangoes export in the Philippines shows a consistent upward trend from 2024 to 2028. The value is expected to rise from 7.27 billion Philippine Pesos in 2024 to 7.9 billion Philippine Pesos by 2028, reflecting stable growth year-on-year. In 2023, the value of mango exports stood at 7.1 billion Philippine Pesos. Comparatively, the year-on-year percentage increase from 2023 to 2024 is approximately 2.4%, and this trend of moderate growth continues over the forecasted period. The compound annual growth rate (CAGR) suggests an average annual increase of about 2.6% over the five years from 2024 to 2028.
Future trends to watch for include the impact of global market demand, changes in international trade policies, and potential improvements in mango cultivation techniques. Additionally, weather patterns affecting crop yields and innovations in export logistics could further influence the forecast. Monitoring these factors will be key to understanding and potentially adjusting future projections.
