The forecasted oil crops production in the Philippines shows a gradual increase from 15.363 million metric tons in 2024 to 15.467 million metric tons in 2028. By comparison, in 2023, the production stood at 15.34 million metric tons. The year-on-year variation between 2024 and 2025 is approximately 0.18%, and the growth remains steady with slight increases each year, culminating in an average annual growth rate (CAGR) of approximately 0.2% over the five-year forecast period.
Future trends to watch for include potential impacts of climate change on crop yields, technological advancements in agricultural practices, and policy changes that might influence production levels. Additionally, global demand for oil crops and trade dynamics will play crucial roles in shaping the actual production outcomes.