Key Market Indicators
Singapore's insulin imports surged to approximately $7 million in 2018, marking an 11% increase from $6.3 million in 2017. This rise reflects a consistent upward trend in demand, which has grown by nearly 20% annually since 1994. On the export front, Singapore saw a significant leap, with insulin exports reaching around $1.3 million in 2018, up from $362,000 in 2017. This represents a staggering 247% increase over the previous year. The long-term growth in supply has been dramatic as well, with exports increasing by almost 300% annually since 1994.
