The data indicates a forecasted decline in the import volume of insecticides to Singapore, dropping from 2.5397 million kilograms in 2024 to 1.4983 million kilograms by 2028. In comparison, the import volume stood at 2.8 million kilograms in 2023. Year-on-year percentage variations show a consistent decrease, with 10.5% from 2024 to 2025, 11.6% from 2025 to 2026, 12.8% from 2026 to 2027, and 14.4% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) for the 2024-2028 period is -12.7%.

Future trends to watch for:

Evaluating changes in agricultural practices leading to reduced reliance on insecticides.
Observing shifts towards integrated pest management and organic farming trends.
Monitoring regulatory changes and their impact on import volumes.
Assessing market dynamics and competition from local or alternative pest control solutions.