As of 31 December 2022, the total carabao inventory contracted to 2,770.46 thousand heads, from 2,774.47 thousand heads stocks in the same period of the previous year. Decrease in carabao stocks were noted in smallhold farms at -0.2 percent. However, stocks in semi-commercial and commercial farms both increased by 2.7 percent and 15.4 percent, respectively. (Figure 2)

Bicol Region recorded the highest carabao population of 325.96 thousand heads This was followed by Western Visayas and Central Luzon with corresponding inventories of 264.51 thousand heads and 246.29 thousand heads. These three regions shared 30.2 percent to the country’s total carabao population.