In 2023, the import of turmeric to the US stood at a volume lower than the forecasted volume for 2024, indicating a growing demand for this spice. The year-on-year analysis reveals a consistent increase in turmeric imports, with percentage increases as follows: from 2024 to 2025, 3.42%; from 2025 to 2026, 3.24%; from 2026 to 2027, 3.07%; and from 2027 to 2028, 2.92%. The Compound Annual Growth Rate (CAGR) for the five-year forecast period indicates a steady growth of around 2.96% annually, reflecting a solid upward trend in turmeric imports.
Future trends to watch for include the increasing popularity of turmeric in health and wellness products, which may drive imports higher. Additionally, any changes in international trade policies or fluctuations in turmeric supply from leading production countries could impact import volumes. Sustainable sourcing and organic production trends may also influence future import patterns.
