The forecasted export values of rubber and plastic products from the Philippines to Russia for the years 2024 to 2028 show a consistent year-over-year increase. In 2023, the exports stood at a certain value, which should be noted for the baseline analysis. The annual growth rates indicate a healthy rise: 5.25% increase from 2024 to 2025, 4.88% from 2025 to 2026, 4.56% from 2026 to 2027, and 4.28% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five years is projected to be around 4.74%.
Future trends to watch for include global economic shifts, changes in trade policies, and potential disruptions in supply chains. New emerging markets and technological advancements in manufacturing could also influence future export volumes and values.
