Forecast: Seafood Exports to Malaysia by Singapore

Based on the forecasted data, Singapore's seafood exports to Malaysia are expected to decline from 2024 through 2028. The values indicate a steady decrease year-on-year, beginning with 4.8838 million USD in 2024 and dropping to 4.0578 million USD by 2028. As of 2023, the actual value stood at 5.1 million USD. The year-on-year variations show consistent negative trends: from 4.8838 million USD in 2024 to 4.671 million USD in 2025 (a 4.36% decline), and similar decreasing percentages over the following years. On average, over the last five years, the compound annual growth rate (CAGR) shows a negative trajectory.

Future trends to watch for:

• Potential shifts in consumer preferences in Malaysia towards alternative protein sources or other imports.
• Impact of Singapore's production capabilities and export strategies on meeting demand.
• Regulatory changes or trade policies that could affect seafood trade between Singapore and Malaysia.
• Environmental factors, such as overfishing and climate change, impacting seafood availability.