The import of pears and quinces to the US is projected to see steady growth from 2024 through 2028, with values rising from $158.89 million to $168.76 million. This represents a consistent year-on-year increase, averaging around 1.5% annually. As of 2023, the import stood at a slightly lower figure, underscoring this growth trend. The five-year compound annual growth rate (CAGR) indicates a stable upward trajectory for this import segment.
Future trends to watch for:
- Potential supply chain disruptions impacting import volumes and costs.
- Changes in domestic production and consumer preferences influencing demand.
- Trade policy shifts affecting import tariffs and regulations.