In 2023, Tiger Prawn production in the Philippines stood at approximately 44.70 Thousand Metric Tons. The forecasted data for 2024 to 2028 indicates a gradual decline in production, with values predicted to be 44.53, 44.36, 44.19, 44.02, and 43.86 Thousand Metric Tons respectively.
The year-on-year variations from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 are -0.38%, -0.38%, -0.38%, and -0.36% respectively. Over the last five years from 2023 to 2028, the Compound Annual Growth Rate (CAGR) is -0.38%.
Future trends to watch for include potential changes in environmental regulations, advancements in aquaculture technology, and the impact of climate change on marine ecosystems, which could influence Tiger Prawn production levels in the Philippines.
