In 2023, the volume of green coffee bean imports in Singapore stood at 105.0 thousand units (bags of 60 kg). Based on the forecasted data, from 2024 to 2027, the volume is expected to remain constant at 106.0 thousand units per year, experiencing no year-on-year variation. In 2028, it is forecasted to slightly reduce to 105.0 thousand units. Over the long term, the compound annual growth rate (CAGR) for green coffee bean imports from 2023 to 2028 is projected to be approximately 0.19%.
Future trends to watch for include potential changes in global coffee production, shifts in consumer preferences towards specialty or sustainable coffee, and economic factors that might affect import volumes. Additionally, emerging trends in supply chain efficiencies and potential trade policy adjustments could also influence Singapore's coffee bean imports.
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