In 2023, the US fresh carrot exports stood at 126.77 million pounds. Forecasted data from 2024 to 2028 indicates a consistent year-on-year decline, with values dropping from 120.55 million pounds in 2024 to 94.91 million pounds in 2028. This reflects a continuous decrease, averaging a compound annual growth rate (CAGR) of approximately -5.6% over the period.
Future trends to watch for include:
- Changes in international trade policies impacting agricultural exports.
- Climate change and its potential impacts on agricultural production and export capabilities.
- Shifts in global market demand, particularly from key importing countries.