The import of thin sheets (voiles) of glass fibres to Singapore is expected to exhibit a downward trend from 2024 to 2028. The forecast values indicate a consistent yearly decline, starting from 726.15 thousand USD in 2024 and reducing to 592.23 thousand USD by 2028. In comparison, the values for 2023 need to be taken into account to compute the exact percentage variations year over year.
Year-on-year variations over the last two years reveal a modest decline:
- From 2024 to 2025, the value decreases by approximately 4.75%.
- From 2025 to 2026, the value drops by around 4.90%.
Analyzing the Compound Annual Growth Rate (CAGR) from 2024 to 2028 shows an average annual decrease of approximately 4.86% over the five-year period.
Future trends to watch for include global supply chain instability, evolving trade policies, and advancements in alternative materials, which could further impact the import volumes and values of thin sheets of glass fibres to Singapore.
