The import of citrus fruit to the US has shown a marked growth trend over the span of several years, increasing from $730.15 million in 2013 to $1748.1 million in 2023. The average year-on-year growth rate varied significantly, with a peak increase of 22.15% in 2013 and more moderate growth in recent years, such as 3.99% in 2023. A clear upward trajectory is evident, although the rate of growth has tapered over time. The compound annual growth rate (CAGR) reflects this change, decreasing from 15.4% in the peak years (2017) to 3.58% by 2023.
Looking ahead, forecast data indicates that the value of citrus fruit imports will continue to rise, reaching $2064.1 million by 2028. The forecasted 5-year CAGR is 2.62%, showing a steady but slower growth rate. Future trends to monitor include potential impacts of climate change on production regions, shifts in consumer preferences towards organic and ethically sourced products, and trade policy changes that could affect import volumes and values.
