The forecast for the import of pipe and tube fittings of copper alloys to the Philippines shows a steady increase from 2024 to 2028. The volume is expected to rise from 1.123 million kilograms in 2024 to 1.2743 million kilograms in 2028. In 2023, the actual data stood at approximately 1.085 million kilograms.
Year-on-year variation:
- 2024-2025: 3.47%
- 2025-2026: 3.28%
- 2026-2027: 3.12%
- 2027-2028: 2.96%
Current variations over the last two years (2023-2024):
- 3.50%
Average annual growth rate (CAGR) over the last 5 years: 3.21%
Future trends to watch for include potential changes in global copper supply chains, technological advancements in fitting manufacturing, and evolving infrastructure needs within the Philippines that could influence import volumes.
