In 2023, the Orange and Mandarines market size in the Philippines stood at 148.0 thousand metric tons. The forecasted growth shows an increment reaching 150.0 thousand metric tons in 2024, and continuing to rise up to 159.0 thousand metric tons by 2028. This represents a consistent increase at an average annual growth rate (CAGR) of approximately 1.46% over the five-year period from 2023 to 2028.
Year-on-year variations from 2023 to 2028 are as follows:
- 2024: +1.35%
- 2025: +1.33%
- 2026: +1.32%
- 2027: +1.95%
- 2028: +1.27%
Future trends to monitor include changes in consumer preferences, climate impacts on agriculture, and potential advancements in cultivation techniques. These factors could notably affect the market dynamics and production volumes for oranges and mandarines in the Philippines.
