The import of prepared or preserved livers of any animal to the US is projected to increase from a value of $4.818 million in 2024 to $5.1285 million in 2028. When assessed year-on-year, the growth pattern displays an incremental rise: approximately 1.66% from 2024 to 2025, 1.60% from 2025 to 2026, 1.54% from 2026 to 2027, and 1.49% from 2027 to 2028. The compound annual growth rate (CAGR) over these forecasted years is estimated to be around 1.57% annually. In 2023, the import value stood at $4.74 million, indicating a steady increase into the forecasted years.
Future trends to watch for include:
- Fluctuations in international trade policies that could impact import costs.
- Consumer health trends influencing demand for preserved animal livers.
- Economic factors affecting disposable income and consumer spending habits.