The forecasted data for the import of Ethylene-Vinyl Acetate Copolymers to the Philippines shows a consistent decline from 2024 (valued at 4.4912 million USD) to 2028 (valued at 3.2622 million USD). In 2023, the value stood at approximately 4.8 million USD. The year-on-year variations indicate a progressive decrease, with the imports expected to decline by approximately 7.0% from 2023 to 2024, 7.0% from 2024 to 2025, and similarly by around 7.1% annually thereafter. The compound annual growth rate (CAGR) over this five-year period is forecasted to be approximately -7.1%.
Future trends to watch for include potential shifts in global and local demand for Ethylene-Vinyl Acetate Copolymers, fluctuations in raw material prices, and trade policy changes that could impact import volumes. Additionally, advancements in alternative materials could further influence the import trends in the coming years.
