In 2023, the US imported 564 million pounds of fresh carrots. The forecasted import volumes for 2024 to 2028 show consistent growth: 576.11, 589.63, 602.88, 615.87, and 628.6 million pounds, respectively. Year-on-year growth from 2024 to 2028 indicates a steady increase, with the most significant annual rise between 2027 and 2028. The compound annual growth rate (CAGR) over this period is approximately 2.22%.
Future trends to monitor include:
- Potential impacts of climate change on domestic carrot production, affecting import demand.
- Shifts in consumer dietary preferences, which might influence carrot consumption.
- Trade policy changes that could affect import tariffs and costs.
- Technological advancements improving supply chain efficiency and reducing waste.