The forecast for the import of oranges to the US from 2024 to 2028 shows a steady increase from 264.72 million kilograms in 2024 to 296.3 million kilograms in 2028. This suggests a positive growth trajectory in the volume of imported oranges over the five-year period. In 2023, the volume was significantly lower compared to projections, indicating an upward trend and growing demand in the US market.
Year-on-year percentage variations reflect an incremental rise in imports, underscoring a consistent upward trend. The Compound Annual Growth Rate (CAGR) over the forecast period illustrates a steady average annual increase in imports.
Future trends to watch for include impacts of potential trade policies, climate change on domestic production, and shifts in consumer preferences towards locally grown produce. Monitoring these factors is essential for anticipating changes in import dynamics.
