The sorghum production in the Philippines is projected to follow a declining trend from 2024 to 2028, based on the forecasted data. In 2023, the actual production stood at a certain value. By 2024, production is expected to be at 436.22 metric tons, decreasing to 335.92 metric tons by 2028.
Year-on-year variations show a consistent decline: from 2024 to 2025, a drop of around 5.9%; from 2025 to 2026, a reduction of approximately 6.1%; from 2026 to 2027, a decline of about 6.5%; and from 2027 to 2028, a decrease of roughly 6.7%. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 indicates an average decline of around 6.3% per year.
Future trends to watch for include potential changes in agricultural policies, climatic conditions, and technological advancements that could mitigate the declining trend in sorghum production. Additionally, monitoring global market demand and prices for sorghum could provide insights into future production adjustments.