In 2023, Singapore's import of citrus fruit stood at 97.2 million USD. The forecasted data indicates a steady increase in the import value over the next five years, reaching 98.423 million USD in 2024, 99.665 million USD in 2025, 100.88 million USD in 2026, 102.07 million USD in 2027, and 103.24 million USD in 2028.
The year-on-year variation for the years analyzed is as follows:
- From 2024 to 2025, the increase is 1.26%.
- From 2025 to 2026, the increase is 1.22%.
- From 2026 to 2027, the increase is 1.18%.
- From 2027 to 2028, the increase is 1.15%.
The compound annual growth rate (CAGR) for the 5-year period from 2024 to 2028 is approximately 1.24%.
Future trends to watch include possible changes in global supply chains, consumer preferences toward fresh produce, and economic conditions that could impact import demands. Keeping an eye on trade policies and potential tariff implementations could also provide valuable insights into future import trends for citrus fruit in Singapore.
