The import of glass-ceramic ware for tables and kitchens to the Philippines is projected to show a decreasing trend from 2024 to 2028. The import volume is expected to start at 1.7451 million kilograms in 2024, then decrease slightly each year, reaching 1.6545 million kilograms by 2028. This indicates a year-on-year percentage decrease, reflecting a gradual decline in import volume. For instance, from 2024 to 2025, the volume is forecasted to diminish by 1.34%, and from 2023 to 2024, the growth was not indicated since we’re already in 2024.
Considering the compounded average growth rate (CAGR) over the next five years, it shows a subtle but consistent declining trajectory in imports, averaging a slight decrease annually.
Future trends to watch for include potential changes in domestic production capacities in the Philippines, shifts in consumer preferences towards alternative materials, trade policy adjustments, or supply chain improvements that may affect the import volumes of glass-ceramic ware.
