In 2023, the import of millet to the US was at an estimated value of 1.13 million USD. According to the forecast, imports are expected to decline sequentially from 2024 to 2028, with values declining to 0.49 million USD in 2028. Year-on-year, these forecasted figures reveal a consistent decrease, with notable percentage drops each subsequent year, suggesting a downward trend over this period. The compound annual growth rate (CAGR) over the forecasted period indicates a consistent average annual decrease.
Future trends to watch for include emerging shifts in consumer preferences towards alternative grains, changes in global agricultural production, and potential trade policies that could impact millet import levels, offering either opportunities or further challenges for the US market.
