Key Market Indicators
Filipina metal products import is projected to hit approximately $517 million by 2028, up from around $411 million in 2023. This represents a compound annual growth rate (CAGR) of 3.6%. Notably, since 2001, the demand for metal products in the Philippines has surged by an average of 6.5% year on year. On the export front, Filipina metal products are expected to reach about $69 million by 2028, growing from nearly $59 million in 2023. This marks a CAGR of 2.6%. Since 2001, the country's supply of metal products has seen a significant increase, with an average annual growth rate of 11.6%.
