The U.S. grapefruit import volume is forecasted to grow from 340,000 metric tons in 2024 to 410,000 metric tons by 2028. This represents a consistent year-on-year growth of approximately 5% to 5.5%. In 2023, the actual import volume was 325,000 metric tons, indicating a stable upward trend in demand. Over the five-year period, the compound annual growth rate (CAGR) is projected to be about 4.8%.
Future trends to watch for include:
- Potential changes in trade policies that may affect import volumes.
- Shifts in consumer preferences towards grapefruits or alternative citrus fruits.
- Impact of climate change on grapefruit production in exporting countries.
- Global market dynamics and competition affecting pricing and supply chains.