RISING INPUT COSTS COULD MODERATE WHEAT CONSUMPTION IN THE PHILIPPINES

The Philippines is projected to consume nearly 7 million metric tons of wheat-based products in the 2025–2026 marketing year, up 6.2 percent from last year, driven by population growth, rising incomes, and dietary diversification, according to the USDA.

Rising input costs, including surging fuel prices amid the Middle East conflict, could push up retail prices of bread, noodles, and other wheat products, potentially moderating demand.

Trade Secretary Cristina Roque warned that prices for some necessities, including wheat-based goods, may rise after April 16.

Wheat imports are expected to decline by over five percent to 7 million metric tons due to weaker feed wheat demand, even as milling wheat demand for human consumption grows.

The country remains entirely dependent on imports to meet its wheat requirements, with consumption expected to increase further if input costs stabilize in the next marketing year.

Source: PhilNews24 | April 2, 2026