The forecast for apple imports in Singapore from 2024 to 2028 shows a steady decline. Starting at 39.09 thousand metric tons in 2024, it is projected to decrease each year, reaching 37.6 thousand metric tons by 2028. Compared to 2023, the data from 2024 represents an entry point for the analysis. The year-on-year variation highlights a consistent slight reduction in the volume of apples being imported: approximately a 1.0% to 1.2% decline per year from 2024 onwards. Over the last five years, the Compound Annual Growth Rate (CAGR) indicates an average annual reduction of about 1.2%.
Future trends to watch for include changes in Singapore's domestic production capabilities, shifts in consumer preferences towards different fruits, potential trade policy adjustments, and global supply chain dynamics affecting apple imports. Monitoring these factors will be crucial for predicting long-term trends in apple import volumes.
