The US import volume of groundnuts in shell is projected to decrease steadily from 2024 to 2028. In 2023, the import volume stood at 1.3300 million kilograms. Compared to 2023, the 2024 forecast shows a slight decrease of approximately 0.38%. A year-on-year reduction continues, culminating in a cumulative decrease in 2028 compared to 2023. Across the forecast period, the compound annual growth rate indicates a negative trend. This suggests a moderate but consistent decline in imports over these years.

Future Trends to Watch:

Monitor trade policies affecting agricultural imports to the US, which could impact groundnut volume.
Keep an eye on domestic production trends that might reduce the dependency on imports.
Watch for fluctuations in global groundnut production and pricing, which could influence US import volumes.