The import of wine lees and argol to the US is forecasted to decrease over the period from 2024 to 2028, starting at 14.52 thousand kilograms in 2024 and dropping to 2.12 thousand kilograms by 2028. This reflects a significant reduction, continuing the downward trend from previous years. In 2023, the import quantity stood at 17.45 thousand kilograms, illustrating a steady decline year-on-year with a negative CAGR over five years.
Future trends to watch for include:
- The impact of potential changes in domestic wine production and by-product utilization on import demand.
- Developments in international trade policies that might affect the cost and feasibility of imports.
- Shifts in consumer preferences and sustainability practices in the US wine industry.