How in demand is the copper industry of the Philippines?

There is high demand for copper products coming from Philippine industries, particularly electronics and automotive parts manufacturing. Electronics production makes use of copper foils, while automotive parts manufacturers utilize copper in automotive wires and harnesses. The industry also has linkages with metal fabrication, the manufacture of non-electrical machinery, non-ferrous foundries, and the manufacturing of transport equipment and land transport services. Favorable economic conditions in the country and the region can serve as a catalyst for better prospects for the industry. The Philippines impressive economic performance in recent years bodes well for the growth of manufacturing industries, including the copper industry. The recognition of this growth by international organizations and the series of investment rating upgrades granted by international credit agencies further attest to the country’s strong fundamentals which are the foundation for industrial development.

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