The US potato import forecast shows a steady increase from 2024 to 2028. Comparing 2023 actuals to 2024, where imports are at 6.9 billion pounds, a clear growth trend is established. The forecasted year-on-year growth rates are moderate but consistent: 1.74% from 2024 to 2025, 1.71% from 2025 to 2026, 1.54% from 2026 to 2027, and 1.52% from 2027 to 2028. This demonstrates a stable demand for imported potatoes over the five-year period.
Key Variations:
- Plastic growth over the past two years.
- Expected CAGR of approximately 1.63% over the entire forecast period.
Future Trends to Watch:
- Potential impacts of agricultural policies and trade agreements on import levels.
- Market demands driven by consumer trends toward processed potato products.
- Effects of domestic supply fluctuations due to climate-related changes on import needs.