In 2023, the US exported fresh onions with a volume of approximately 865 million pounds. The forecasted export volumes from 2024 to 2028 show a steady increase from 880.76 to 941.26 million pounds. Year-on-year growth rates are as follows: an increase of 1.77% from 2024 to 2025, 1.70% from 2025 to 2026, 1.64% from 2026 to 2027, and 1.58% from 2027 to 2028. The compound annual growth rate (CAGR) for the forecast period is anticipated to be approximately 1.66%.
Future trends to watch for include the impact of changing agricultural policies, climate change affecting yield, and evolving trade agreements that could influence the US's position in the global onion market. Monitoring technological advancements in agricultural practices for potential efficiency gains will also be crucial.
