The US import of fresh or chilled peas is projected to rise from 90.311 million USD in 2024 to 97.927 million USD in 2028. With the base year for the forecast being 2023, where imports stood at 88 million USD, the trend demonstrates a steady growth trajectory. Year-on-year increases are consistent, revealing a growing demand. Historically, the growth from 2023 to 2024 showed an increment, forming the basis for the compound annual growth rate estimation over the subsequent years.
Future trends to watch for:
- Potential shifts in global supply chains, impacting import cost and volume.
- Changes in US dietary preferences could influence demand positively or negatively.
- Trade policy alterations that might affect import tariffs and overall pricing structure.