The forecasted import of natural graphite to the Philippines from 2024 to 2028 shows a consistent decline. The value in 2024 is expected to be $726.03 thousand, decreasing to $690.74 thousand by 2028. Comparing the forecasted values year-on-year, the expected variations are -1.25% from 2024 to 2025, -1.24% from 2025 to 2026, -1.23% from 2026 to 2027, and -1.22% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five years reflects an average annual decline of approximately -1.23%.
Future trends to watch for include potential changes in global supply chains, advancements in synthetic graphite production, and any significant policy changes affecting trade. Understanding these dynamics will be crucial for anticipating shifts in import volumes and values.
