The US almonds export forecast shows a consistent upward trend from 2024 to 2028, with volumes increasing from 1.7777 billion pounds in 2024 to 1.9252 billion pounds in 2028. Compared to 2023, when actual exports stood at 1.74 billion pounds, there is noticeable growth. The year-on-year growth rates hover around 2-3%, and the compound annual growth rate (CAGR) over the period is approximately 2.1%. This indicates a steady expansion in almond exports.
Future trends to watch for include potential impacts from climate change on almond production, fluctuations in global demand, trade agreements, and regulations that could affect export dynamics. Additionally, sustainability practices and water usage in almond farming may influence long-term growth trajectories.
