Based on the provided forecast data, the import of mobile drilling derricks to Singapore shows a declining trend over the specified years. The values (in Thousand Kilograms) are as follows:
- 2024: 372.55
- 2025: 340.08
- 2026: 308.26
- 2027: 277.07
- 2028: 246.51
- 2025: -8.72%
- 2026: -9.36%
- 2027: -10.12%
- 2028: -11.03%
The average decline per year over the last five years (2024-2028) is -9.97%.
Continued decreases in imports may reflect a shift towards alternative energy sources or increased domestic production. Additionally, policy changes, technological advancements, or global market dynamics could impact future imports.
