The projected export volume of fluid milk from the US shows a steady increase from 2024 through 2028, with a growth pattern starting at 137 thousand metric tons in 2024, and reaching 144 thousand metric tons by 2028. This indicates a consistent year-on-year growth of approximately 1.4% over the period, assuming a similar trend persisted from 2023. The compound annual growth rate (CAGR) over these five years is approximately 1.27%.
Future trends to watch for:
- Global demand shifts, especially in emerging markets, could influence US export volumes.
- Trade agreements and regulatory policies may impact export potentials and market accessibility.
- Sustainability and consumer preferences shifting to plant-based alternatives could affect traditional dairy exports.
- Advancements and investments in the dairy supply chain logistics may enhance export efficiency.