In 2023, the import volume of sheath contraceptives to the Philippines stood at 267.5 thousand kilograms. The forecast data from 2024 to 2028 show a steady year-on-year increase in import volumes:
- 2024: 270.3 thousand kilograms, a 1.05% increase from 2023.
- 2025: 273.28 thousand kilograms, a 1.10% increase from 2024.
- 2026: 276.19 thousand kilograms, a 1.07% increase from 2025.
- 2027: 279.04 thousand kilograms, a 1.03% increase from 2026.
- 2028: 281.84 thousand kilograms, a 1.00% increase from 2027.
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.05%, indicating stable and modest growth in the import volume of sheath contraceptives.
Future trends to watch for include potential shifts in government policies on family planning and contraceptive use, public health initiatives influencing contraceptive adoption rates, and the economic factors that might affect purchasing power and health sector funding in the Philippines.
