Based on the forecasted data, the import values (in Million Kilograms) for the specified years are as follows: 2024: 5.492, 2025: 5.7499, 2026: 6.0027, 2027: 6.2504, 2028: 6.4931. Year-on-year percentage variations are: 2025: 4.69%, 2026: 4.40%, 2027: 4.12%, 2028: 3.88%. The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 is approximately 4.25%.
Future trends to watch in the import of Linear Acting Hydraulic Power Engines and Motors to Singapore include advancements in automation technologies and the increasing demand from the construction and manufacturing sectors, driven by continued infrastructure development and industrialization efforts.
