The forecasted wheat feed volume in the Philippines shows a steady increase from 1.61 million metric tons in 2024 to 1.71 million metric tons in 2028. Comparing against the 2023 actual data of 1.58 million metric tons, the forecast for 2024 indicates a year-on-year increase of approximately 1.90%. From 2024 to 2028, the year-on-year variation ranges from 1.24% to 1.78%. Over the last two years (2023 to 2025), the wheat feed volume has shown a positive growth trend. The compound annual growth rate (CAGR) over the five-year forecast period is projected to be around 1.64% per year.
Future trends to watch for include the impact of global wheat prices, potential changes in local agricultural policies, and the broader economic conditions in the Philippines. These factors could influence both the supply and demand sides of the wheat feed market.
