The forecast for U.S. agricultural raw materials exports from 2024 to 2028 shows a steady decrease in value, from 1.98 to 1.85 in percentage of goods exports. The year-on-year variation indicates a consistent decline, with a projection towards negative growth. In 2023, this metric was slightly higher than 1.98, suggesting a downturn. The compound annual growth rate (CAGR) over the next five years indicates a negative trend, reflecting a gradual decrease in export values.

Future trends to watch for include:

Impact of global trade agreements and tariffs on agricultural exports.
Influence of climate change on crop yields and production costs.
Technological advancements in agricultural practices potentially offsetting declining trends.
Shifts in global demand for agricultural raw materials, particularly from emerging markets.