Forecast: Seafood Exports to Malta by Singapore

The value of seafood exports from Singapore to Malta in 2023 stood at $130.30 thousand. From 2024 onwards, the forecasted values show a steady increase: $131.56 thousand in 2024, $132.95 thousand in 2025, $134.32 thousand in 2026, $135.66 thousand in 2027, and $136.97 thousand in 2028.

The year-on-year percentage variation is as follows:

• 2024: +0.97%
• 2025: +1.06%
• 2026: +1.03%
• 2027: +1.00%
• 2028: +0.96%

The compound annual growth rate (CAGR) over the forecasted five years (2024-2028) is approximately +1.02% per annum.

Future trends to watch for include the impact of sustainable fishing practices on supply chains, changes in regulations affecting seafood trade, and shifts in consumer preferences towards certified and eco-friendly seafood products.