In 2023, the import value of provitamins and vitamins to Singapore stood at 346 million US Dollars. Moving forward, the forecasted values for 2024 to 2028 show a consistent year-on-year increase. The year-on-year variations for 2024 and 2025 are approximately 1.38% and 1.37% respectively, while for 2026, 2027, and 2028, they are around 1.32%, 1.28%, and 1.24% respectively. Over the next five years, the CAGR is expected to be 1.32%.
Future trends to watch for include potential changes in global vitamin supply chains, developments in health and wellness trends driving higher demand, and economic factors influencing import prices. Close monitoring of these factors could provide insights into further shifts in import values.
