The forecasted import of dried onions to the US shows a steady growth trajectory from 2024 to 2028, starting at 10.305 million kilograms in 2024 and reaching 11.482 million kilograms by 2028. This indicates a consistent year-on-year increase of approximately 2.86% to 3%. As of 2023, the import volume stood at approximately 10 million kilograms. Over the next five years, the compound annual growth rate (CAGR) is expected to be around 2.8%, highlighting a steady rise in demand for dried onions in the US market.
Future trends to watch for:
- Potential impact of global supply chain dynamics on import volumes.
- Shifts in consumer preferences towards fresh or alternative forms of onions.
- Changes in trade policies affecting import tariffs and agreements.
