Forecast: Import of Flour or Meal of Dried Legumes to the US

Based on the given data, the import of flour or meal of dried legumes to the US displays a consistent upward trend from 2024 to 2028. Starting at 33.386 million USD in 2024, the imports are forecasted to grow steadily, reaching 38.058 million USD by 2028. Comparing year-on-year variations, a steady annual increase of approximately 3.6% is observed. The last two years captured a growth rate of 3.2% annually, and the forecasted compound annual growth rate (CAGR) over the forecast period is approximately 3.5%, indicating a robust positive trend.

Future trends to watch for include possible impacts from global supply chain disruptions which could affect cost structures, potential shifts in dietary preferences towards more plant-based foods, and changes in trade policies that could influence import volumes and prices. Additionally, it will be important to monitor how innovations in agricultural technologies and sustainability practices might impact the production and export capacities of major suppliers to the US market.

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