In 2023, the production of limes and lemons in the Philippines stood at 860 metric tons. Forecasted data from 2024 to 2028 show a declining trend in production. Specifically, production is expected to decrease from 824 metric tons in 2024 to 689 metric tons in 2028.
Year-on-year variations reveal the following trends:
- 2024: -4.2%
- 2025: -4.1%
- 2026: -4.4%
- 2027: -4.4%
- 2028: -4.6%
Over the last five years, the compound annual growth rate (CAGR) is expected to be -4.1%, indicating a consistent yearly decline.
Future trends to watch for include factors affecting agricultural yields, such as climate change, pest infestations, and evolving agricultural practices. Additionally, market demands and potential governmental agricultural policies could impact production levels moving forward.
