In 2023, the import value of grapes to Singapore stood at XXX Million US Dollars. Over the forecasted period from 2024 to 2028, the import value is expected to increase steadily, starting from 61.364 Million US Dollars in 2024 to 64.153 Million US Dollars in 2028. This represents a continuous year-on-year growth: 1.17% from 2024 to 2025, 1.14% from 2025 to 2026, 1.10% from 2026 to 2027, and 1.06% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 0.96%.
Future trends to watch for include potential impacts of global trade policies, shifts in consumer preferences towards organic or sustainable produce, and innovations in logistics that could affect import costs and efficiency.
