In 2023, the import value of non-rooted cuttings and slips to the US stood at $117.5 million. For 2024, a projected increase to $119.9 million shows a year-on-year growth of approximately 2.1%. This upward trend continues with expected growth rates of 2.1% in 2025, 2.0% in 2026, 1.9% in 2027, and 1.8% in 2028, culminating in an expected CAGR of around 2.0% over the five-year period. This steady growth reflects consistent demand in the horticultural sector.
Future trends to watch for:
- Advancements in horticultural techniques boosting import needs.
- Potential impacts of trade policies and international agreements.
- Changes in consumer preferences towards sustainable and organic products.
- Technological innovations in supply chain and logistics efficiency.
