In the US, the share of MPS commodities in the total value of agricultural production was recorded at 71% in 2023. The forecasted data from 2024 to 2028 indicates a gradual decline from 70.88% to 70.18%. The year-on-year percentage variations highlight a modest decrease annually. This gives an expected compound annual growth rate (CAGR) of -0.2% over the five-year period.
Future trends to watch for include shifts in agricultural policy, changes in consumer preferences, and technological advancements that could influence the share of MPS commodities. Monitoring global market dynamics and environmental factors will also be crucial.
