The cassava export volume for the US is projected to remain stable at 3.0 thousand metric tons from 2024 through 2028. In 2023, the actual export volume was also 3.0 thousand metric tons, indicating no percentage change year-on-year for these forecasted years. The Compound Annual Growth Rate (CAGR) over this five-year period is 0%, suggesting a steady state without growth or decline in cassava exports.
Future trends to watch for:
- Global demand shifts for cassava-based products due to dietary trends or industrial uses.
- Impact of trade policies or agreements that might affect export volumes.
- Technological advancements in cassava cultivation and processing enhancing productivity.
- Environmental factors such as climate change impacting cassava yield and quality.
- Potential rise in competitive markets or substitutes challenging cassava exports.