The import of gypsum, anhydride, and gypsum plaster to the Philippines has been observed and forecasted to grow steadily from 2024 to 2028. The values for these years are forecasted to increase from 47.78 to 55.177 million US dollars, demonstrating a consistent upward trend. Prior to 2024, actual data must be referred to analyze trends and variations. For 2024, the anticipated values are based on forecasts with previous years showing actual figures. The year-on-year percentage increase between 2024 and 2025 is approximately 3.99%, between 2025 and 2026 it's about 3.76%, between 2026 and 2027 it's nearly 3.55%, and from 2027 to 2028 it's around 3.36%. The compounded annual growth rate (CAGR) over these five years averages around 3.66%.
Future trends to watch for include potential disruptions in supply chains, changes in global trade policies, and fluctuations in the construction industry, which is a significant consumer of these materials. Monitoring economic policies and industrial development in the Philippines will be critical to anticipate shifts in this market.
