The import of dormant bulbs, tubers, corms, crowns, and rhizomes to the US is projected to decrease gradually from 2024 to 2028. Starting at $142.19 million in 2024, the value is expected to decline to $137.45 million by 2028. This represents a slight but consistent year-on-year decrease. For context, the imports stood at $143 million in 2023, showing a downward trend. The compound annual growth rate (CAGR) over the upcoming five years suggests a gentle decline in average import values annually.
Future trends to watch include changes in horticultural practices, shifts in consumer preferences towards sustainable and native plantings, and any potential trade policy changes impacting the horticultural industry. Additionally, advancements in agricultural technology and climate change adaptation measures may affect the demand and supply dynamics of these imports.
