In 2023, the import of manioc starch to the US was approximately valued at $97 million. The forecast for 2024 begins at $101.44 million, increasing to $115.64 million by 2028. Year-over-year growth from 2024 to 2028 ranges around 3.5% each year, highlighting a steady upward trend. The compound annual growth rate over these five years is approximately 3.5%, indicating a consistent increase in manioc starch demand.
Future trends to watch include:
- Potential impacts of consumer health trends favoring gluten-free alternatives.
- Changes in trade policies and tariffs that might affect import costs.
- Advancements in agricultural techniques boosting domestic manioc production.
