As of 2023, the volume of fresh asparagus imports into the US is observed to be substantial. Forecasts predict a consistent increase with imports reaching 665.35 million pounds in 2024, escalating to approximately 733.68 million pounds by 2028. This shows a positive year-on-year growth, averaging about 2.5% per annum throughout this period. The continuous rise in volume underscores an expanding demand for fresh asparagus in the US market.
Future trends to monitor include:
- Potential impacts of climate change on asparagus-producing countries which might affect supply.
- US consumer preferences shifting towards plant-based diets which can drive higher demand.
- Trade policy changes that could influence import tariffs and costs.