The import of disperse dyes and preparations based on these to Singapore has shown fluctuations over the past decade. In 2023, the import volume stood at 2.858 million kilograms. Observing the variations over the last two years: there was a 5.18% increase in 2022 followed by a slight decrease of 0.076% in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) is calculated to be approximately 0.15%. Moving forward, from 2024 onwards, the forecast data suggests a slight declining trend with a forecasted 5-year CAGR of -0.05%, translating to a minimal annual reduction in imports.
Future trends to watch for include potential changes in global supply chain dynamics, breakthrough innovations in dye technology, shifts in textile manufacturing hubs, and changes in environmental regulations that could influence the demand and import of disperse dyes in Singapore.