The year-on-year variation in the import value of golf balls to Singapore is as follows:
- 2024-2025: -2.37%
- 2025-2026: -2.37%
- 2026-2027: -2.39%
- 2027-2028: -2.40%
The Compound Annual Growth Rate (CAGR) over the next five years is approximately -2.38% annually.
Future trends to watch: The continuous decline in the value of golf ball imports suggests a market contraction or potential shifts in consumer preferences. Monitoring trade policies, local market demand, and emerging alternatives in the sports industry will be crucial for accurate future forecasting.
