In 2023, the US swine import stood at 6.75 million units. From 2024 onwards, swine imports in the US are forecasted to grow steadily, reaching 6.8 million units in 2024 and gradually increasing to 7.03 million units by 2028. The year-on-year growth rates suggest a consistent, though modest, upward trend ranging from approximately 0.88% to 0.86% annually. Over this five-year period, the compound annual growth rate (CAGR) is approximately 0.83%, indicating a stable market without significant fluctuations.
Future trends to watch for include potential impacts of trade agreements, changes in global swine production, and advancements in pork substitutes. Monitoring these factors will be essential in forecasting swine import demands accurately.
