How can the use of mysqli->prepare() and mysqli->bind_param() functions improve the speed of importing data into a MySQL database in PHP?

Using mysqli->prepare() and mysqli->bind_param() functions in PHP can improve the speed of importing data into a MySQL database by allowing for the use of prepared statements. Prepared statements can be executed multiple times with different parameters, reducing the overhead of parsing and optimizing the query each time it is run. Additionally, using bind_param() helps prevent SQL injection attacks by automatically escaping parameters.

// Connect to the database
$mysqli = new mysqli("localhost", "username", "password", "database");

// Prepare a SQL statement with placeholders
$stmt = $mysqli->prepare("INSERT INTO table_name (column1, column2) VALUES (?, ?)");

// Bind parameters to the placeholders
$stmt->bind_param("ss", $value1, $value2);

// Set the values of the parameters
$value1 = "value1";
$value2 = "value2";

// Execute the prepared statement
$stmt->execute();

// Close the statement and connection
$stmt->close();
$mysqli->close();