The import values for mats of glass fibres to Singapore show a declining trend from 2024 to 2028. The values are:
- 2024: USD 903.54K
- 2025: USD 833.54K
- 2026: USD 764.94K
- 2027: USD 697.71K
- 2028: USD 631.83K
The year-on-year percentage variations are:
- 2025: -7.75%
- 2026: -8.24%
- 2027: -8.79%
- 2028: -9.44%
The compound annual growth rate (CAGR) over the 5-year period is approximately -8.6%, indicating a steady decline in import value.
Future Trends to Watch: Monitoring global supply chain disruptions, tariff changes, and technological advancements in glass fibre production will be crucial. Additionally, shifts in demand from key industries such as construction and automotive could impact future import values.
