Based on the forecasted data, the import of grated or powdered cheese to the US shows a steady decline from 2024 to 2028, starting at 228.67 thousand kilograms in 2024 and dropping to 75.79 thousand kilograms by 2028. As of 2023, the actual figures stand significantly higher, indicating an anticipated decrease in the coming years.
Year-on-year variations indicate substantial reductions, with a projected decrease of approximately 17.2% in 2025, 20.4% in 2026, 25.1% in 2027, and 32.8% in 2028. The compound annual growth rate (CAGR) over the 2024-2028 period is negative, underscoring a consistent downward trajectory.
Future trends to watch for include potential shifts in consumer preference towards fresh or alternative cheese products, trade policy changes affecting imports, and global production adjustments impacting supply chains. Monitoring emerging market influences in dairy imports will also be crucial.
