The import value of crushed or ground pepper of the genus Piper to the US is forecasted to see moderate growth from 2024 to 2028, increasing from $108.15 million to $115.32 million. This steady growth indicates a compound annual growth rate (CAGR) of approximately 1.65% over the five-year period. Given that actual import values for 2023 are not specified, this analysis assumes a continued upward trend.

Year-on-year growth projections reveal a consistent increase of around 1.68% to 1.73%, reflecting stable demand and potential market expansion or price adjustments.

Future Trends to Watch for:

Global supply chain dynamics and tariff changes could impact import costs and volumes.
Shifts in consumption patterns prompted by health trends or culinary innovations influencing demand.
Developments in global agricultural production and climate conditions affecting supply.