The data shows a forecasted decline in the import of swine leather to the US from 2024 to 2028. The volume is expected to decrease from 136.53 thousand kilograms in 2024 to 76.93 thousand kilograms in 2028. This steady decline represents a significant year-on-year decrease, with percentages ranging from -11.26% to -16.26%. A compound annual growth rate (CAGR) of -13.53% over this period further highlights this negative trend.
Future trends to watch for include:
- Potential disruptions in international trade and supply chain dynamics affecting leather imports.
- Shifts in consumer preferences towards alternative materials, impacting demand for swine leather.
- Environmental and regulatory changes possibly influencing the production and importation process.