In 2023, Switzerland's exports of rubber and plastic products to Singapore stood at 23.530 million USD. The forecasted data for the subsequent years show a steady growth in export values. Specifically, the forecasted value for 2024 is 23.705 million USD, followed by 23.896 million USD in 2025, 24.083 million USD in 2026, 24.266 million USD in 2027, and reaching 24.445 million USD by 2028.
The year-on-year variations indicate a consistent increase:• 2024: 0.74%• 2025: 0.81%• 2026: 0.78%• 2027: 0.76%• 2028: 0.74%The compound annual growth rate (CAGR) for this period is 0.77%, reflecting a moderate but stable growth trend.
Future trends to watch for include potential changes in trade policies between Switzerland and Singapore, advancements in rubber and plastic manufacturing technologies, and shifts in global demand for these materials, driven by sustainability concerns and emerging applications in various industries.
