Key Market Indicators
Filipina copper imports are expected to reach around $1.1 billion by 2026, up from $900 million in 2021. This represents a 3% year-on-year compound annual growth rate since 2001. In 2021, Filipinas ranked 29th in the world for copper imports. Egypt overtook Filipinas in 2021, importing $900 million of copper. Germany, the United States and Italy were ranked 2nd, 3rd, and 4th respectively. Filipina copper exports are projected to reach nearly $2 billion by 2026, up from $1.7 billion in 2021. This is a 2.5% year-on-year average growth rate since 2001. In 2021, Filipinas ranked 27th in the world for copper exports. The United Kingdom topped the list in 2021, exporting $1.7 billion. Germany, the United States and Japan ranked 2nd, 3rd and 4th respectively.
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