The import volume of fresh blueberries in the US has shown a consistent upward trend over the past decade, growing from 227.79 million pounds in 2013 to reach 545.74 million pounds in 2023. This data reveals a notable acceleration, particularly between 2018 and 2019, with a year-on-year increase of 19.6%. Similarly, the last recorded CAGR up to 2023 stands at 6.69%, which indicates strong annual growth. Specifically, the recent two years experienced a combined growth of 4.76% in 2022 and 4.45% in 2023.
Looking ahead, the forecasted data indicates continued growth, albeit at a slower pace. The expected CAGR from 2024 to 2028 is 2.88%, projecting the import volume to rise to 655.25 million pounds by 2028, resulting in an overall 5-year growth rate of 15.25%.
Future Trends to Watch:
- Potential impact of climate change on blueberry farming regions and yield.
- Advancements in agricultural practices and varietal improvements enhancing yield.
- Shifts in import/export policies affecting blueberry supply chains.
- Rising consumer demand for fresh and organic produce driving import needs.