The import value of Lettuce and Chicory to Singapore in 2023 was approximately 29.75 million USD. Forecasts for 2024 and beyond show a steady increase, with a predicted value of 30.327 million USD in 2024. The import values continue to rise year-on-year, with values reaching 32.68 million USD by 2028. This translates to an average compound annual growth rate (CAGR) of about 2.4% over the forecasted period from 2024 to 2028.
Year-on-year percentage variations highlight a relatively stable growth pattern:
- 2024 to 2025: 2.0%
- 2025 to 2026: 1.9%
- 2026 to 2027: 1.8%
- 2027 to 2028: 1.8%
Future trends to watch for in the import of Lettuce and Chicory to Singapore include the potential impact of changing consumer preferences towards organic and locally sourced produce, which might affect import volumes. Additionally, fluctuations in international trade policies and tariffs could influence future import values.
