The import of computer data storage units to the Philippines is forecasted to grow steadily from 2024 to 2028. The import volumes are projected to increase from 1.7104 million kilograms in 2024 to 1.9857 million kilograms by 2028. This consistent rise reflects a solid demand for data storage solutions.
In 2023, the actual volume stood at 1.6459 million kilograms. The year-on-year growth for 2024 is approximately 3.92%, with a rise of 4.15% expected in 2025, followed by 3.90% in 2026, 3.68% in 2027, and 3.48% in 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is around 3.82%.
Future trends to watch for include advancements in data storage technology, shifts in IT infrastructure strategies, cloud storage adoption rates, and the overall growth of the digital economy in the Philippines. These factors will influence the volume and value of computer data storage unit imports.