• Palay production hit a record high of 20.06 million metric tons in 2023, according to the Department of Agriculture (DA).
  • Data from the Philippine Statistics Authority showed that palay output was 1.5 percent higher than the 19.76 million MT recorded in 2022.
  • The historic harvest translates to 13.2 million MT of rice.
  • The Philippines has a total rice consumption of 13.5 million MT annually, plus 1.85 million MT for a 50-day buffer.