As of 2023, the US imported a total of approximately 15.50 million pounds of dry pinto beans. Forecast data indicates a consistent and gradual decline in imports, from 15.46 million pounds in 2024, steadily decreasing to 15.33 million pounds by 2028. This reflects a year-on-year decline of around 0.19% to 0.21% over the forecast period, with a five-year compound annual growth rate (CAGR) highlighting a slight overall reduction in imports.
Future trends to watch for include:
- Potential shifts in consumer preferences towards other legumes or plant-based proteins.
- Changes in domestic production capabilities or agricultural policies affecting supply and demand.
- The impact of global trade agreements or economic conditions on import levels and cost-effectiveness.