The import of flour or meal of sago, starchy roots, or tubers to the US has been on a consistent upward trend from 2024 to 2028. In 2023, the imports stood at 91 million US dollars. The forecasted data from 2024 to 2028 indicate a steady annual increase, reaching 109.03 million US dollars in 2028. This reflects a year-on-year growth rate of approximately 3.8%. The compound annual growth rate (CAGR) over these five years is estimated to be around 3.6%.
Future trends to watch for include:
- Potential shifts in consumer demand for alternative flours and plant-based ingredients driving import demand.
- Global supply chain dynamics and any trade policy changes that could impact import levels.
- Advancements in agricultural technology that may affect domestic production capabilities, influencing import needs.