The historical data for fresh Romaine and leaf lettuce exports in the U.S. highlights a downward trend from 2013 to 2018, with year-on-year declines and a negative compound annual growth rate (CAGR). The situation improved slightly from 2019 onwards, stabilizing due to minimal growth or slight increases. In 2023, the exports value was 434.57 million pounds. Year-on-year variations were minor in recent years, reflecting stability. Over the last five years, the CAGR was modest at 0.9%.
Looking ahead, forecasts indicate a very gradual increase in exports, with projected values reaching 437.10 million pounds by 2028. This translates to a forecasted 5-year CAGR of just 0.09%, evidencing a slow recovery.
Future trends to watch for include:
- Changes in global demand and trade policies.
- Impacts of climate change on lettuce cultivation.
- Innovations in agricultural practices boosting yield.
- Economic conditions affecting export capabilities.