Based on the provided data, the wheat export volume in the Philippines stood at 120.0 Thousand Metric Tons in 2023. For the forecasted period from 2024 to 2028, the wheat export volume shows a slight upward trend from 121.0 Thousand Metric Tons in 2024 to 123.0 Thousand Metric Tons in both 2027 and 2028.
The year-on-year variations are as follows:
- 2024: +0.83%
- 2025: +0.83%
- 2026: 0%
- 2027: +0.82%
- 2028: 0%
From 2023 to 2028, the compound annual growth rate (CAGR) for the wheat export volume is approximately +0.49% annually.
Future trends to watch for include potential shifts in global wheat demand due to climate change impacts on production, trade policy changes, and technological advancements in agriculture which could influence both the volume and value of wheat exports.
