In 2023, the import of soy sauce into the US stood at a certain baseline, from which the 2024 forecasts indicate a rise to 95.157 million kilograms. From 2024, import volumes are expected to grow steadily, reaching 103.65 million kilograms by 2028. This consistent year-on-year growth reflects strong trends in rising consumer demand or potential new trade agreements.
Forecasted year-on-year growth rates are:
- 2024 to 2025: 2.3%
- 2025 to 2026: 2.2%
- 2026 to 2027: 2.1%
- 2027 to 2028: 2.0%
The compound annual growth rate (CAGR) over this period is anticipated at approximately 2.1%. Market analysts should observe potential shifts in consumer tastes, international trade policies, and production innovations in soy sauce manufacturing as key future trends to watch.