The forecasted import of cheese and curd to the US demonstrates a consistent increase from 2024 to 2028. The data projects a steady rise, translating to a year-on-year increase of approximately 1.25% to 1.30%. This upward trend suggests a growing US demand for dairy imports.
As of 2023, the actual value stood around 1.414 billion US dollars, marking an ongoing growth trajectory. The compound annual growth rate (CAGR) from 2023-2028 is approximately 1.3%, signifying gradual growth in international dairy trade.
Future trends to watch for include:
- Fluctuations due to changing trade policies and tariffs.
- Influences of shifts in consumer preferences towards plant-based alternatives.
- Potential impacts from global supply chain disruptions or innovations.