The cacao production in the Philippines is forecasted to grow steadily from 2024 to 2028. In 2023, the actual production stood at 9.21 thousand metric tons, indicating robust growth in the sector. The year-on-year variations from 2024 to 2028 show a moderate and consistent increase, moving from 9.42 thousand metric tons in 2024 to 10.31 thousand metric tons by 2028. This trend reflects a compound annual growth rate (CAGR) that signifies a healthy upward trajectory in cacao production.
Future trends to watch for:
• Technological advancements in cacao farming to boost yield.
• Rising demand for organic and high-quality cacao products globally.
• Government and private sector initiatives geared towards enhancing cacao quality and farmer education.
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