Based on forecasted data, the imports of plasters into Singapore show a declining trend. The year-on-year variation percentages are as follows:
- 2024: 1.2796M USD
- 2025: -1.30% (1.2629M USD)
- 2026: -1.30% (1.2465M USD)
- 2027: -1.28% (1.2305M USD)
- 2028: -1.28% (1.2147M USD)
The Compound Annual Growth Rate (CAGR) over the last five years is approximately -1.29%, indicating a consistent but gradual decline.
Future trends to watch include potential changes in construction demand in Singapore, alternative materials that could impact plaster imports, and global supply chain disruptions which may alter import levels.
