The import of Polymethyl Methacrylate to the Philippines stood at 4.0604 million kilograms in 2023. The forecast for the following years shows a steady increase: 4.0604 million kg in 2024, 4.2236 million kg in 2025, 4.3836 million kg in 2026, 4.5404 million kg in 2027, and 4.694 million kg in 2028.
Year-on-year variations indicate a gradual growth:
- 2024: 0%
- 2025: 4.02%
- 2026: 3.79%
- 2027: 3.57%
- 2028: 3.38%
The compound annual growth rate (CAGR) from 2024 to 2028 is 3.69%.
Future trends to watch for include potential impacts of global supply chain disruptions, technological advancements in material sciences, and shifting demand from key industries like automotive and construction which may influence the import volumes of Polymethyl Methacrylate to the Philippines.
