Key Market Indicators
Singapore's juice export market is projected to hit approximately $57.5 million by 2028, rising from around $50.2 million in 2023. This represents an average annual growth rate of 2.1%. Since 1994, the country's juice supply has seen an average yearly increase of 3.3%. Meanwhile, the nation's juice import market is also on the rise. Imports are expected to reach roughly $96.4 million by 2028, up from about $86.3 million in 2023. This growth corresponds to a compound annual growth rate (CAGR) of 1.8%. Since 1994, the demand for juice in Singapore has grown at an average rate of 2.3% per year.