The data indicates that the forecast for the import of fresh grapes to Singapore shows a consistent upward trend from 2024 to 2028. In 2023, the import value stood at 53 million US Dollars. From 2024 to 2028, the projected year-on-year percentage increases are approximately stable, suggesting a steady growth pattern.
Year-on-year variations:
- 2024 to 2025: 1.22%
- 2025 to 2026: 1.18%
- 2026 to 2027: 1.15%
- 2027 to 2028: 1.11%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is estimated to be around 1.17%, representing an average yearly increase.
Future trends to watch for include potential changes in consumer preferences towards fresh fruits, especially due to health trends, possible trade policy changes that could impact import costs, and economic factors that could influence purchasing power and demand.
