The US onion export volume is projected to exhibit modest growth from 2024 to 2028. In 2023, the export volume stood at XXX thousand metric tons. Forecasted figures show a gradual increase, with the volume reaching 365 thousand metric tons by 2028. The year-on-year percentage change is minimal, averaging a steady growth with a CAGR over five years reflecting a stable market without significant fluctuations.
Future trends to watch for include:
- Potential impacts of climate change on onion production leading to variability in exports.
- Shifts in global trade relations and tariffs influencing trade dynamics.
- Emergence of new markets or changes in demand patterns globally.