The import of fresh apples to Singapore stood at 63.914 Million US Dollars in 2023. The market has exhibited a mixed trend over the past years, with a notable decline from 2013 to 2017 and modest recovery since 2018. Year-on-year variations illustrate slight recent growth, with increments of 0.5% in 2022 and 0.48% in 2023. Over the last five years, the CAGR was 0.96%, indicating a modest upward trend. Future forecasts predict a 5-year CAGR of 0.36%, suggesting steady but minimal growth and a forecasted 1.79% overall increase by 2028, reaching up to 65.365 Million US Dollars.

Future trends to watch for:

Potential impact of global supply chain disruptions.
Changes in consumer preferences and potential shifts towards local or alternative fruits.
Influence of trade policies and tariffs on import costs.