In 2023, the US pulses export volume was approximately higher than the projected 2024 value of 860.0 thousand metric tons, marking the start of a forecasted downward trend. By 2025, the volume is expected to decrease by 4.1%, to 825.0 thousand metric tons. This declining trajectory continues with an anticipated annual reduction: 3.7% from 2025 to 2026, and 4.2% from 2026 to 2027. The forecast projects a consistent contraction leading to a 4.3% decrease from 2027 to 2028. Cumulatively, the anticipated volume reduction represents a CAGR of approximately -3.5% from 2024 to 2028.
Future trends to watch for include global demand shifts for pulses, potential trade policy changes, and advancements in agricultural technology that could affect yields and thus export capacities. Monitoring these factors will be crucial for forecasting longer-term export trends accurately.
