In 2023, the actual US butter exports were approximately 60.5 thousand metric tons. The forecast from 2024 to 2028 suggests a steady but slight increase, with export values stabilizing at 61 thousand metric tons from 2024 to 2026, then increasing to 62 thousand metric tons from 2027 onward. The year-on-year variation indicates minimal growth, translating to approximately 1.64% CAGR over the forecast period from 2024 to 2028. This implies a conservative growth trajectory, reflecting consistent demand or slight market expansion.
Future trends to watch for include potential increases in global demand for butter due to changing dietary preferences, trade agreements impacting exports, and domestic production capabilities. Monitoring these factors will be crucial for accurately forecasting future export capacity and market positioning.
