The import of prepared or preserved fruit mixtures to Singapore stood at 2.2461 million kilograms in 2023. This represents a year-on-year decline of 7.45% from 2022. Over the past two years, the import volume decreased by 7.06% in 2022 and 7.45% in 2023. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 was -5.43%, indicating a consistent downward trend.
Forecasted data from 2024 to 2028 project a continued decline in import volumes, with a five-year CAGR of -8.66%. The future import volume is expected to reduce by 36.43% by 2028 compared to the 2023 figures.
Future trends to watch for include changes in trade policies, consumer preferences for fresh or domestic alternatives, advancements in food preservation technology, and global economic conditions impacting international trade dynamics.
