The forecast for U.S. raisins exports indicates a declining trend from 2024 to 2028, with volumes decreasing from 222.44 million pounds in 2024 to 207.95 million pounds in 2028. Assuming an export volume of 225 million pounds in 2023, the year-on-year variations show consistent declines: 1.1% decrease in 2025, 1.7% in 2026, 1.7% in 2027, and 1.7% in 2028. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is negative, highlighting a steady reduction in exports.
Future trends to watch for include:
- Changes in international demand for U.S. raisins due to trade agreements or market preferences.
- Impact of climate change on U.S. raisin production, affecting supply levels.
- Exchange rate fluctuations affecting competitiveness and pricing in global markets.
- Potential shifts in consumer preferences towards natural and organic products.
