The import value of dormant bulbs, tubers, corms, crowns, and rhizomes to the US is projected to decrease from $1.1419 billion in 2024 to $1.1086 billion in 2028. In 2023, the actual import value was recorded at $1.15 billion. The year-on-year percentage decline from 2024 to 2028 shows a gradual reduction in imports, reflecting decreased demand or increased domestic production. Over the five-year forecast period, the compound annual growth rate (CAGR) suggests a small average annual decline.
Key future trends to watch include shifts in consumer gardening preferences, potential trade policy changes, technological advancements in domestic agriculture, and the impact of environmental factors on supply chain stability. Monitoring these elements may provide insights into potential market changes.
