Based on the forecasted data, the supply of apples in the Philippines is expected to grow steadily from 2024 to 2028. In 2023, the actual apple supply stood at 134.76 thousand metric tons.
The year-on-year variation indicates a gradual increase:
- 2024: 1.57% increase
- 2025: 1.54% increase
- 2026: 1.50% increase
- 2027: 1.47% increase
- 2028: 1.42% increase
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 1.5%, reflecting a consistent upward trend in apple supply.
Future trends to watch for include changes in domestic cultivation practices, evolving import-export dynamics, and potential impacts of climate change on apple production and supply chains.