Key Market Indicators
Filipina Metal Import is set to drop by 10.6% annually between 2021 and 2026, according to recent figures. The country is estimated to reach 1 million metric tons in 2026, compared to 1.9 million metric tons in 2021. Since 1975, Filipina demand has decreased by an average of 8.6% each year. In 2021, it ranked 77th in the global metal import ranking, falling behind Yemen which imported 1.9 million metric tons. Japan, South Korea and Germany were the second, third and fourth largest importers, respectively.
