In 2023, the import of concentrated unsweetened milk and cream to the US was at 3.76 million kilograms. Forecasts indicate a gradual increase in imports, reaching 4.011 million kilograms by 2028. The year-on-year growth rate averages roughly 1.2%, with the compound annual growth rate (CAGR) for the period from 2024 to 2028 at about 1.26%. These figures suggest a steady rise in demand or availability over this period.
Future trends to monitor include:
- Potential policy changes affecting dairy imports.
- Shifts in domestic production impacting import needs.
- Consumer preferences towards dairy alternatives potentially altering demand.