Based on the provided data, cereals production in the Philippines is forecasted to increase steadily from 28.598 million metric tons in 2024 to 29.9 million metric tons in 2028. The year-on-year growth rates are as follows:
- 2024-2025: 1.17%
- 2025-2026: 1.14%
- 2026-2027: 1.10%
- 2027-2028: 1.07%
The Compound Annual Growth Rate (CAGR) over the last five years is approximately 1.13%.
Future trends to monitor include the impact of climate change on agricultural output, advancements in farming technologies, and governmental policies promoting agricultural development. Additionally, global market trends and trade policies could influence domestic production and export opportunities.
