The forecast for dry black bean imports in the US indicates a declining trend from 22.93 million pounds in 2024 to 20.25 million pounds by 2028. As of 2023, imports stood at 23.62 million pounds. The year-on-year decrease is consistent, pointing towards a steady reduction in import volumes over the forecast period. On average, imports are expected to decline by a compounded annual growth rate of approximately 3% from 2024 to 2028.
Future trends to watch:
- Monitor potential changes in US agricultural policies or tariffs affecting import levels.
- Keep an eye on climate impacts on domestic production capability and the demand for imports.
- Potential shifts in consumer preferences towards or away from black beans could affect future demand.