The forecasted data for U.S. peas export volume shows a significant declining trend from 2024 to 2028, with values decreasing from 154,000 metric tons in 2024 to 56,000 metric tons in 2028. In 2023, the volume stood at approximately 180,000 metric tons, indicating a sharp year-on-year downturn. Notably, the volume is projected to decline by around 16% annually. Over the five-year period, the compound annual growth rate (CAGR) portrays a substantial negative pattern of about 18% per year.
Future trends to watch for include potential shifts in international demand, changes in trade policies, and advancements in agricultural technology. Price fluctuations in global markets and alternative crop competitiveness could further impact export volumes. Monitoring environmental challenges and sustainability practices will also be crucial in influencing production capabilities and trade dynamics.
