Key Market Indicators
The country ranked number 37 in 2017, India overtook at 16,400 Kilograms. Brazil, Hong Kong and South Africa respectively ranked numbers 2, 3 and 4 in this ranking. Filipina imports of ammunition are set to reach one million kilograms by 2026, an increase of 4.1% from 2021. Since 2001, demand has grown by 22.5% each year. In 2021, the country ranked 11th in the world, with Brazil overtaking them at 757,000 kilograms. Slovakia, France, and Spain ranked 2nd, 3rd, and 4th respectively. Exports of ammunition from the Philippines dropped dramatically in 2017, to 9,420 kilograms from 16,400 kilograms in 2016, a decline of 42.6%. Since 2001, supply has decreased by 51.4% year on year. In 2017, the Philippines was 37th in the world, with India taking the lead at 16,400 kilograms. Brazil, Hong Kong, and South Africa came in 2nd, 3rd, and 4th respectively.