The forecast for corn production in the Philippines shows a steady increase from 2024 to 2028. Corn production is expected to grow from 8.52 million metric tons in 2024 to 8.961 million metric tons by 2028.
- 2025: 8.633 million metric tons (up 1.3% from 2024)
- 2026: 8.745 million metric tons (up 1.3% from 2025)
- 2027: 8.854 million metric tons (up 1.2% from 2026)
- 2028: 8.961 million metric tons (up 1.2% from 2027)
From 2024 to 2028, the compound annual growth rate (CAGR) is around 1.2%, indicating a gradual and consistent upward trend in corn production. It’s important to monitor factors such as climate change, advancements in agricultural technology, and government policies that could significantly impact production levels. Additionally, global market demand and price fluctuations will be crucial trends to watch for in shaping the future of corn production in the Philippines.
