In 2023, the grapefruit market size in the Philippines stood at 26.0 thousand metric tons. For 2024, the forecast is 26.0 thousand metric tons, showing no year-on-year variation. From 2025 to 2028, the market size is projected to remain at 25.0 thousand metric tons annually. The year-on-year variation from 2024 to 2025 is a decrease of approximately 3.85%. This decrease remains consistent through 2026, 2027, and 2028, indicating stability at a slightly lower volume. The Compound Annual Growth Rate (CAGR) over these five years reflects a minimal decline, indicating a generally stable market with slight downturns.
Future trends to watch for include potential impacts from changes in consumer preferences, health trends promoting citrus consumption, and economic factors influencing agricultural production and imports. Technological advancements in farming and supply chain improvements could also affect market dynamics.
- Stable forecasted volume with a slight decline noted from 2024 to 2025.
- Consistent market size of 25.0 thousand metric tons from 2025 to 2028.
- Minimal CAGR indicating overall market stability with slight downturns.
