Fertilizer consumption in the Philippines is forecasted to rise steadily from 226.28 kilograms per hectare of arable land in 2024 to 237.32 kilograms per hectare by 2028. In 2023, the value stood at 223.50 kilograms per hectare. Year-on-year variations indicate a gradual increase, with respective annual growth rates of: 1.23% (2024), 1.23% (2025), 1.20% (2026), 1.19% (2027), and 1.17% (2028). The compound annual growth rate (CAGR) over the forecast period is approximately 1.2%.
Future trends to watch for include potential impacts of agricultural policy changes, technological advancements in fertilizer application, and environmental sustainability practices. These factors may significantly influence fertilizer consumption patterns moving forward.
