The forecast for the import of roses to the US from 2024 to 2028 shows a steady increase, with a consistent annual rise of approximately 1.1% in value. In 2023, the import value stood at 14.9 million USD. The forecast reflects a positive trend, with a cumulative average growth rate (CAGR) over the five-year period of about 1.1% annually.
Looking forward, several trends should be monitored, including:
- Changes in global rose production and supply chain dynamics that could influence import costs.
- Evolving consumer preferences towards sustainably sourced flowers, potentially reshaping import patterns.
- Economic factors such as exchange rates and trade policies affecting international floral markets.