In 2023, the import volume of prepared or preserved sardines, brisling, sprat to the US stood at 37.2 million kilograms. Forecasted data suggest a consistent upward trend from 2024 to 2028, culminating at 40.068 million kilograms by 2028. This reflects an annual compound growth rate (CAGR) of approximately 1.5% over the five-year period. Year-on-year growth accelerates modestly, indicating a stable increase in import demand.
Future trends to watch for include:
- Potential shifts in consumer preferences towards plant-based or alternative proteins.
- Impact of macroeconomic factors on import prices and patterns.
- Environmental regulations affecting fish sourcing and supply chains.
- Technological advancements in processing and preservation of sardines.
