In 2023, the import value of lettuce and chicory to the US was a key benchmark for projecting future trends. From 2024 to 2028, the forecasted import values are consistently rising, indicating a notable uptrend. The year-on-year growth from 2024 to 2025 is approximately 3.1%, and similar annual growth is projected through to 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 2.9%, showcasing a steady increase in import values.
Future trends to watch include:
- Changes in consumer preferences that may impact demand for imported lettuce and chicory.
- Potential trade policy adjustments or tariffs affecting import costs.
- Fluctuations in global supply chains or production challenges in key exporting countries.
- Environmental factors, such as climate change, impacting agricultural yields.