In 2023, the import of pig and poultry fat to the US stood at a real figure not provided here. Forecasted data suggests a consistent upward trend from 2024 to 2028, starting at 5.2629 million kilograms in 2024 and reaching 6.0006 million kilograms by 2028. This indicates a steady growth in import volume with year-on-year variations suggesting a gradual increase without specified rates.
Based on this projected trajectory, the Compound Annual Growth Rate (CAGR) over the forecast period would explain an overall growth pattern. While exact historical data is missing for precise calculation, the observed growth underscores a continuous increase in demand.
Future trends to watch for:
- Changes in domestic production impacting import requirements.
- Shifts in consumer preferences or dietary trends affecting demand.
- Potential trade policy changes influencing import levels.
- Inflationary pressures impacting cost and supply chain dynamics.