From the data, the milled rice import in the US is projected to show a steady increase from 1.3 million metric tons in 2024 to 1.46 million metric tons by 2028. In 2023, the actual imports stood at 1.26 million metric tons.
The year-on-year growth is consistent, suggesting a stable rise in demand: 3.08% in 2025, 2.99% in 2026, 2.90% in 2027, and 2.82% in 2028. On a five-year basis, the compound annual growth rate (CAGR) is a modest 2.97%, indicating a sustained upward trend.
Future trends to watch for include:
- Shifts in domestic production that could affect import needs.
- Potential trade policy changes impacting import tariffs and quotas.
- Consumer dietary preferences possibly influencing rice consumption patterns.
