The data forecasts a gradual decline in fresh peaches and nectarines imports in the US from 2024 to 2028, decreasing from 73.23 million pounds to 66.82 million pounds. Compared to past data, in 2023, imports stood at 74.90 million pounds. The year-on-year changes reflect a decreasing trend, with specific variances seen annually: -2.25% in 2025, -2.26% in 2026, -2.27% in 2027, and -2.27% in 2028. The compound annual growth rate (CAGR) over the five-year span is approximately -2.40%, indicating a consistent decrease annually.
Future trends to watch for include:
- Shifting consumer preferences toward locally sourced fruits, impacting imports.
- Climate changes possibly affecting peach and nectarine yields in exporting countries.
- Trade policy shifts influencing import volumes and costs.
- Potential technological advancements in domestic production impacting demand for imports.
