The forecast for frozen green peas exports in the US from 2024 to 2028 indicates a slight decline in volume. In 2023, the recorded export volume stood approximately at 34.5 million pounds. The projected values demonstrate a subtle year-on-year decrease with the following variations: 2025 (-0.79%), 2026 (-0.80%), 2027 (-0.77%), and 2028 (-0.75%). The compound annual growth rate (CAGR) from 2024 to 2028 is negative, highlighting a gradual downward trend in export volumes.
Future trends to watch for include:
- Global market dynamics and competition, impacting US frozen green pea exports.
- Changing consumer preferences toward fresh produce, potentially affecting demand.
- Fluctuations in agriculture policies, tariffs, and trade agreements that could influence export volumes.