In 2024, the supply of tangerines and mandarins in the Philippines is forecasted to reach 132.28 thousand metric tons. This marks a continuation of the growth trend observed in recent years, with the previous year being 2023, where the supply stood at 129.45 thousand metric tons. The year-on-year increase from 2023 to 2024 represents a growth of approximately 2.18%. Similarly, the compounded annual growth rate (CAGR) from 2024 to 2028 is estimated at around 2.09% per year, indicating a steady rise in supply over the forecasted period.
Future trends to watch for include:
- Potential impacts of climate change on agricultural yields.
- Advances in agricultural technology improving productivity.
- Changes in consumer preferences and international trade policies.
- Effects of domestic policies on agricultural support and incentives.
