The forecasted data for the import of soya beans into the US shows a steady decline from 2024 to 2028, with values decreasing from $373.94 million in 2024 to $370.4 million in 2028. This indicates a gradual reduction in import volume or value, continuing the trend observed in previous years.
From 2023 to 2024, the year-on-year variation is a slight decrease. The compounded annual growth rate (CAGR) from 2024 to 2028 reflects a minor negative growth, underlining a possible shift in market dynamics or domestic production affecting imports.
Future trends to watch for include changes in US agricultural policies, domestic soya bean production levels, and global trade agreements, which could influence import volumes and values significantly.
