In 2023, the value of seafood exports from Singapore to India stood at a specific baseline value. From 2024 onwards, the forecasted values indicate a steady upward trend. The year-on-year percentage variation shows incremental growth from 2024 to 2028.
- 2024: Up from the baseline value in 2023 to 480.64 thousand USD.
- 2025: Increased by approximately 4.37% to 501.61 thousand USD.
- 2026: Grew by around 4.10% to 522.16 thousand USD.
- 2027: Rose by roughly 3.85% to 542.29 thousand USD.
- 2028: Climbed by approximately 3.66% to 562.03 thousand USD.
The 5-year compound annual growth rate (CAGR) indicates a consistent average yearly increase across the forecasted period.
Future trends to watch for include potential shifts in consumer demand in India for seafood, trade policy changes between Singapore and India, and the influence of sustainability initiatives on seafood export volumes.
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