Key Market Indicators
Filipina imports and exports of polypropylene are both expected to change significantly over the next five years. Imports are predicted to drop by 5.3% annually on average, from 52.7 million kilograms in 2021 to 39.1 million kilograms in 2026. This compares to a 5.4% drop in demand since 2001. Serbia is currently the highest importer, while Italy, Germany and Indonesia rank second, third and fourth respectively. Meanwhile, exports are forecast to grow 3.7% annually on average, from 53.4 million kilograms in 2021 to 67.6 million kilograms in 2026. This is an increase of 5.9% since 2001. Azerbaijan is currently the highest exporter, followed by South Korea, Germany and Singapore.
