The import of air conditioners with reverse cycle refrigeration to the Philippines is projected to rise steadily from 2024 to 2028. Values are forecasted to move from 1.7376 million kilograms in 2024 to 1.866 million kilograms by 2028. In 2023, the volume of imports stood at approximately 1.705 million kilograms. Year-on-year changes show a consistent growth pattern: an increase of 1.9% from 2024 to 2025, 1.8% from 2025 to 2026, 1.8% from 2026 to 2027, and 1.7% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 averages to about 1.8% annually.

Future trends to watch for include advances in energy-efficient technologies, shifts in consumer preferences, and potential economic fluctuations that might impact overall import volumes. Additionally, regulatory changes concerning environmental standards could also influence the import patterns of air conditioners with reverse cycle refrigeration.

2024 to 2025: +1.9%
2025 to 2026: +1.8%
2026 to 2027: +1.8%
2027 to 2028: +1.7%
CAGR (2024-2028): +1.8%