Slow loading time of WooCommerce cart and checkout page

Hello,
I am writing to report an issue with your plugin that causes the WooCommerce cart and checkout page to load very slowly on my site. I have done some tests and found that your plugin adds several seconds to the loading time of these pages, compared to other plugins or the default theme.
Here are the details of my tests:
• With all my plugins(including yours) and theme enabled, it takes 8.35 seconds to load the cart page.
• With everything on except your plugin, it takes 2.65 seconds to load the cart page.
• With the default Twenty Twenty-Three theme and only WooCommerce enabled, it takes 0.8 seconds to load the cart page.
• With the default theme, WooCommerce and your plugin enabled, it takes 4.46 seconds to load the cart page.
• With the default theme, WooCommerce and WPML enabled, it takes 1.11 seconds to load the cart page. This is acceptable because wpml basically alters the whole site.
As you can see, your plugin is the main factor that slows down the loading time of the cart and checkout page. This is a serious problem for me as it affects my site’s user experience and conversion rate.
I am running on a dedicated server, with PHP 8.1 and the latest WordPress and WooCommerce version. In your plugin settings, I only have min quantity, price unit and quantity steps enabled.  I have set a Site-wide default value and specific value for some categories and on product level.
I would appreciate it if you could look into this issue and provide a solution. I like your plugin and its features, but I cannot afford to have such a slow loading time on my site.