In 2023, the import of cardamoms to the US was approximately 1.42 million kilograms. From 2024 to 2028, forecasts indicate a steady increase in imports, with volumes reaching 1.6 million kilograms by 2028. Year-on-year growth shows a consistent increase of about 2.5% annually. Over the five-year period, the compound annual growth rate (CAGR) stands at approximately 2.4%, suggesting a stable upward trend in cardamom imports.
Future trends to watch for include:
- Potential supply chain disruptions affecting import volumes.
- Changes in consumer demand and preference for cardamoms in culinary and health applications.
- Global market dynamics and pricing affecting import decisions.
- Environmental impact and sustainability practices influencing production and export from major cardamom-producing countries.
