The import of optical fibres and cables to the Philippines has shown a consistent upward trend. Actual data for 2023 put the import volume at 20.86 million kilograms. The forecasted values for 2024 to 2028 show a steady increase with values reaching 25.847 million kilograms by 2028.
Year-on-year variations indicate:
- 2024: + 4.96%
- 2025: + 4.66%
- 2026: + 4.35%
- 2027: + 4.09%
- 2028: + 3.85%
The compound annual growth rate (CAGR) over the last five years is approximately 4.38%, showcasing a steady growth pattern.
Future trends to watch for include potential advancements or disruptions in technology which may impact demand, government infrastructure projects, and economic shifts affecting the overall import volumes.
