Forecast data for exports from Singapore to India for paper and paper products shows a consistent year-on-year growth over the next five years. The forecasted values are as follows:
- 2024: $175.39 Million
- 2025: $183.06 Million
- 2026: $190.57 Million
- 2027: $197.93 Million
- 2028: $205.15 Million
Year-on-Year Variation in Percentage
- 2024-2025: [(183.06 - 175.39) / 175.39] * 100 ≈ 4.38%
- 2025-2026: [(190.57 - 183.06) / 183.06] * 100 ≈ 4.10%
- 2026-2027: [(197.93 - 190.57) / 190.57] * 100 ≈ 3.86%
- 2027-2028: [(205.15 - 197.93) / 197.93] * 100 ≈ 3.64%
Compound Annual Growth Rate (CAGR)
The CAGR over the five-year period from 2024 to 2028 can be calculated as:
- CAGR: [(205.15 / 175.39)^(1/5) - 1] * 100 ≈ 3.16%
Future Trends
Anticipate steady growth in paper products exports to India, driven by increasing demand in packaging, publishing, and sustainable paper solutions. Watch for shifts towards eco-friendly paper products and digital transformation impacting traditional paper industries.
