Based on the data provided, the import volume of mixtures of juices to Singapore has seen a fluctuating trend since 2013. In 2023, the import volume was 6.8014 million kilograms. From 2021 to 2023, there has been a year-on-year decrease of approximately 1.04%, indicating a slight downward trend. Over the last five years, the CAGR (Compound Annual Growth Rate) averages to about -1.16%, meaning there's been a gradual decline in imports.
Looking at the longer-term trends, from 2013 to 2018 there were intermittent increases and decreases, but from 2016 onwards, there has been a more consistent decline in volume. Forecasted data suggest that this downward trend will continue, with a projected 5-year CAGR of -0.89% from 2023 to 2028, and an overall forecasted decline of 4.38% by 2028.
Future trends to watch for include the potential impact of changing consumer preferences towards local or natural juices, shifts in trade policies, and economic factors that may affect import volumes. Additionally, health trends and awareness may also play a significant role in shaping future import volumes of mixtures of juices to Singapore.
