| Year | Value (Billion USD) | YoY Variation (%) |
|---|---|---|
| 2024 | 1.2571 | - |
| 2025 | 1.2949 | 3.01% |
| 2026 | 1.3319 | 2.86% |
| 2027 | 1.3682 | 2.73% |
| 2028 | 1.4038 | 2.60% |
The Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) is approximately 2.80%. Future trends to watch include advancing technologies in smart grid solutions, the adoption of renewable energy integration, increased industrial automation, and Singapore's initiatives on energy efficiency and sustainability, which are likely to influence further growth in import values.
