The forecast for the import of fresh or chilled swine cuts to the US from 2024 to 2028 shows a steady increase in volume, starting at 164.85 million kilograms in 2024 and growing incrementally to 165.51 million kilograms by 2028. In 2023, the imports stood at a similar level, indicating a stable demand trend for these products.
The year-on-year growth from 2024 to 2028 is minimal, demonstrating a nearly flat trend, averaging an increase of around 0.09% per year. This consistent growth translates into a modest CAGR of approximately 0.1% over the five-year period.
Future trends to watch for include potential changes in trade policies, increased consumer focus on alternative proteins, and the impact of swine health management practices on import volumes. Monitoring these factors will be crucial for accurately forecasting future import needs.