The import of dried cut flowers and flower buds for bouquets to the US is forecasted to rise steadily from $16.083 million in 2024 to $17.286 million by 2028. Comparing this projection to past performance, it's notable that in 2023, imports stood at $15.8 million. Year-on-year increase is approximately 1.93% for 2024-2025, 1.85% for 2025-2026, 1.78% for 2026-2027, and 1.72% for 2027-2028. The compound annual growth rate (CAGR) over these five years averages 1.84%.
Future trends to watch include potential impacts of sustainability trends, such as increased demand for eco-friendly and locally sourced flowers, which might influence import volumes. Additionally, economic and trade relation changes could affect pricing and supply chain efficiency in this market.
