In 2023, the import value of fresh berries for Singapore stood at [Insert Actual Value Here] Million US Dollars. The forecast data for 2024 indicates a value of 156.49 Million USD, growing steadily to 173.31 Million USD by 2028. This reflects a year-on-year increase of approximately 2.77% for 2024-2025, 2.65% for 2025-2026, 2.52% for 2026-2027, and 2.41% for 2027-2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is 2.59%.
Future trends to watch:
- Increasing consumer demand for fresh berries due to health-conscious dietary choices.
- Potential impact of trade policies and tariffs on import costs.
- Advances in cold chain logistics improving berry quality and shelf life.
- Rising competition from alternative sources of vitamins and antioxidants.
