In 2023, the import of pig and poultry fat to the US was valued at approximately 7.5 million USD. The forecast data for 2024 to 2028 shows a consistent upward trend, with values increasing from 7.76 million USD in 2024 to 8.93 million USD by 2028. The year-on-year percentage variation indicates a gradual increase in import value, suggesting a stable demand in the US market. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 3.6%, reflecting steady growth over these forecast years.
Future trends to watch for include potential impacts of trade policies, changes in domestic production, and evolving consumer preferences that could influence demand for imported pig and poultry fat. Additionally, market dynamics such as feed costs for producers and international competition could impact both pricing and volume of imports.
