The import of Aluminium Doors, Windows, Frames, and Thresholds to Singapore has experienced fluctuating values over the past decade. Starting at $83.49 million in 2013 and rising to a peak of $112.47 million in 2015, the trend saw a significant dip in 2017, hitting $54.769 million. The subsequent years displayed a mixed pattern with values oscillating around the $50 million mark. In 2023, the import value stood at $56.86 million. Year-on-year variations reveal recent declines of -0.65% in 2022 and -0.64% in 2023, while the CAGR over the last five years is 1.52%.
Future trends to watch for include the forecasted gradual decline in import values, with a 5-year CAGR projected at -0.54%. Factors such as advancements in local production capabilities, changes in construction industry demand, and global supply chain dynamics could influence future import activity in this sector.
