The import of parts of domestic electro-thermic apparatus to the Philippines shows a forecasted increase from 4.5813 million kilograms in 2024 to 5.2716 million kilograms in 2028. In 2023, imports stood at 4.420 million kilograms. Year-on-year percentage growth rates show a steady increase: 3.89% in 2024, 3.88% in 2025, 3.67% in 2026, 3.46% in 2027, and 3.28% in 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 3.64%.
- 2024: +3.89%
- 2025: +3.88%
- 2026: +3.67%
- 2027: +3.46%
- 2028: +3.28%
Future trends to watch for include technological advancements in domestic electro-thermic apparatus, potential changes in international trade policies, and evolving consumer behavior towards energy-efficient appliances. Monitoring these factors will be crucial for anticipating further dynamics in import volumes.
