Key Market Indicators
The import of weapons in the Philippines is expected to reach $399 million by 2026. This is a 4.2% increase on the $301 million spent in 2021. Since 1965, the demand for weapons in the Philippines has grown at an average rate of 5.5% per year. In 2021, the Philippines ranked 17th in the world, with the United Arab Emirates overtaking them to take the top spot. Saudi Arabia, Australia, and South Korea came in 2nd, 3rd, and 4th respectively.
The Philippines Weapon Market Data and Forecasts
How much will the Philippines Weapon Market grow to 2026?
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