From 2013 to 2023, Singapore's primary vegetable production exhibited varying trends. The production volume reached 29.03 thousand metric tons in 2023, indicating a year-on-year increase of 1.61%. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 was 1.57%, showing moderate growth over the period.
In the forecast period from 2024 to 2028, the primary vegetable production is expected to reach 31.43 thousand metric tons by 2028, with a forecasted 5-year CAGR of 1.25% and an overall growth rate of 6.42% during this period.
Future trends to watch for include:
- Technological advancements in urban farming and vertical farming methods.
- Government policies promoting local food production to enhance food security.
- Increasing consumer demand for locally-sourced and sustainable produce.
