From 2013 to 2024, the import value of prepared or preserved mushrooms to the US demonstrated an overall decreasing trend. Following a high in 2014, fluctuations occurred, culminating in a decline to $116.52 million in 2023. The recent year-on-year variation indicates a steady decline; from 2019 to 2023, the year-on-year decline ranged from -0.68% to -0.66%. The CAGR over the last five years, from 2018 to 2023, shows a negative trend at -0.73%.
Looking at forecasted data, a further decline in import value is projected, with an anticipated value of $112.45 million by 2028. The five-year forecasted CAGR is -0.56%, translating to a forecasted decline of -2.78% in the upcoming years.
Future trends to watch for include:
- Potential impact of domestic mushroom production on import values.
- Changes in consumer preferences towards fresh over preserved mushrooms.
- International trade policies affecting mushroom imports.
