In 2023, the Philippines imported 1.61 billion kilograms of gypsum and anhydride. Forecasted data indicates an increase to 1.6815 in 2024, followed by a steady rise to 1.7548 in 2025, 1.8266 in 2026, 1.897 in 2027, and 1.966 in 2028.
The year-on-year percentage variations show a consistent increase. From 2024 to 2025, the imports rise by approximately 4.4%, from 2025 to 2026 by around 4.1%, from 2026 to 2027 by about 3.8%, and from 2027 to 2028 by roughly 3.6%. These positive increments highlight the rising trend in gypsum and anhydride imports.
The compound annual growth rate (CAGR) from 2024 to 2028 stands at around 3.98%, showcasing a stable upward trajectory over the five-year forecast period.
Future trends to watch include fluctuations in construction activity, policy changes related to imports, potential shifts towards alternative materials, and macroeconomic factors impacting the Philippine market.
