In 2023, the import value of turmeric to the US was recorded at 48.069 million US dollars. The forecast data for 2024 anticipates an import value of 50.008 million US dollars, highlighting an increase of 4.04% from the previous year. In 2025, a further rise of 3.91% is expected, reaching 51.966 million US dollars. Projections indicate steady annual growth, with 53.885 million in 2026, 55.765 million in 2027, and 57.608 million in 2028. The compound annual growth rate (CAGR) over this period is anticipated to be around 4.3%.
Future trends to monitor include:
- Increasing health awareness boosting turmeric consumption.
- Potential supply chain disruptions affecting import trends.
- Emerging markets influencing global turmeric demand.
- Policy changes impacting trade regulations and tariffs.
