The import of parts for air conditioners to the Philippines is forecasted to grow moderately over the next few years. The data shows an increase from 7.3401 million kilograms in 2024 to 7.9027 million kilograms in 2028. The steady year-on-year growth rates are reflected in the percentage increases: 1.97% for 2025, 1.90% for 2026, 1.83% for 2027, and 1.76% for 2028. Over the past two years, the trend has been consistently upward. The compound annual growth rate (CAGR) for the forecast period stands at approximately 1.86%.
Future trends to watch for include potential fluctuations in demand driven by economic conditions, technological advancements in air conditioning systems, and government policies affecting import regulations. Additionally, environmental regulations and sustainability trends could influence the types of parts being imported. These factors will play key roles in shaping the import landscape for air conditioner parts in the coming years.