Key Market Indicators
ABS imports to Singapore are expected to reach 43 million kilograms by 2026, according to a recent report. This represents an average annual growth rate of 2.6%, up from 36 million kilograms in 2021. This follows a 28.1% average year-on-year increase since 1994. Austria took the lead in 2021 with 36 million kilograms, followed by Germany, the United States and Thailand. Exports from Singapore are predicted to reach 41 million kilograms by 2026, a 3% year-on-year increase from 34 million kilograms in 2021. Since 1994, the average yearly growth rate has been 39.6%. Slovenia overtook Singapore in 2021, with 34 million kilograms. Belgium, Malaysia and the Netherlands took the next three spots.
