Forecast: Grape Juice Exported to Singapore by India

In 2023, India's grape juice exports to Singapore were valued at 2.0 thousand US dollars. Over the last two years, this value remained consistent with no year-on-year variations. Reviewing the longer period, 2013-2023, a significant initial decline is observed, dropping from 7.0 thousand US dollars in 2013 to a steady value of 2.0 thousand US dollars maintained since 2017, apart from a minor dip to 1.9 in 2020.

The compound annual growth rate (CAGR) over the past five years stands at 0%, signifying no growth trend during this period. Looking forward, a slight positive uptick is forecasted, with the CAGR expected to be 0.98% over the next five years, projecting a modest growth rate of 5% by 2028.

Future trends to watch for:

  • The impact of global market changes on export prices.
  • Potential demand shifts in Singapore's market for grape juice.
  • Trade policy alterations between India and Singapore influencing export metrics.

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