Forecast: Import of Groundnut Oilcake and Other Solid Residues to the US

In 2023, the import of groundnut oilcake and other solid residues to the US was recorded at 1.178 million kilograms. Forecasts suggest a consistent decline from 2024 to 2028, with projected values indicating a decrease from 1.062 million kilograms in 2024 to 0.61449 million kilograms in 2028. This represents a year-on-year decrease of approximately 10.86% on average over these years.

Future trends to watch for include:

  • Potential shifts in agricultural policies or trade agreements that could impact import levels.
  • Emerging market trends in alternatives to groundnut oilcake.
  • The impact of environmental regulations on oilcake processing industries globally.
  • Economic factors influencing demand for livestock feed and related products in the US.

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