Key Market Indicators
Filipina Fuel Export is projected to reach approximately 6,700 cubic meters by 2028, up from around 5,300 cubic meters in 2023. This represents an annual growth rate of 3.8%. It's worth noting that since 1972, the supply has seen a yearly decline of 5.1%. On the import side, Filipina Fuel Import is expected to grow to about 620 cubic meters by 2028, an increase from roughly 520 cubic meters in 2023. This marks an average annual growth rate of 2.7%. Since 2017, demand has surged, rising by 47% year on year.
