In 2023, the actual import of sugar cane to the US stood at approximately $1.6 million USD. The forecasted values from 2024 to 2028 show a steady increase: starting at $1.6585 million in 2024 and reaching $1.8416 million by 2028. This reflects a consistent year-on-year growth, with a Compounded Annual Growth Rate (CAGR) showcasing an average yearly increase over this five-year period. The import growth suggests a steady demand for sugar cane imports in the US market.
Future trends to watch for include potential influences from international trade policies, shifts in domestic production levels, and changing consumer preferences towards alternative sweeteners, which could impact import volumes and values.
