The forecast for the raw sugar equivalent import volume in the US indicates a slight downward trend from 2024 to 2028. In 2023, the actual import volume stood at 3.50 million metric tons. From 2024, with a forecast of 3.48 million metric tons, the volume is expected to decline gradually to 3.41 million metric tons by 2028, indicating a shrinkage in import volume. This represents a consistent year-on-year decrease, suggesting a negative trend in growth.
Future trends to watch for include:
- A potential shift in domestic sugar production capacities that could impact import dependency.
- Changes in consumer preferences for sugar alternatives or health-driven reductions in sugar consumption.
- Geopolitical or trade policy changes that could affect global sugar supply chains.
