The import of cut flowers to Singapore stood at 41.013 million USD in 2023. From 2024, the forecasted data shows a steady increase: 42.202 million USD in 2024, 42.804 million USD in 2025, 43.395 million USD in 2026, 43.974 million USD in 2027, and reaching 44.542 million USD in 2028.

Year-on-year variations are as follows:

2024: +2.9%
2025: +1.4%
2026: +1.4%
2027: +1.3%
2028: +1.3%

Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) is approximately 1.6%.

Future trends to watch for:

Increased demand driven by population growth and rising disposable incomes.
Potential influence of emerging floriculture technologies and sustainable practices.
Impact of global economic conditions and trade policies on import levels.