The US fresh pears imports in 2023 stood at 159 million pounds. The forecast from 2024 to 2028 indicates a slight but steady decline in volume. Year-on-year variations show a gradual decrease, with volumes dropping by approximately 0.5% each year. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) suggests an average annual decrease of around 0.5%.
Future trends to watch for include:
- The impact of changing consumer preferences towards locally sourced produce and its potential effects on import volumes.
- Fluctuations in currency exchange rates that could affect the cost of imports.
- Potential trade policy changes or tariffs influencing international trade dynamics.