The import of live fish to the US showed consistent growth, starting from an undisclosed amount in 2023, reaching $90.254 million in 2024 and continuing to $95.317 million in 2028. The annual increase suggests a steady year-on-year growth of around 1.4% to 1.5%. The compound annual growth rate (CAGR) over this five-year period stands at approximately 1.4%, indicating consistent year-over-year growth in live fish imports.
Future trends to watch for include:
- Potential shifts in international trade agreements and policies affecting import costs.
- Increased demand for sustainability, influencing the import sources and practices.
- Technological advances in aquaculture impacting domestic supply and import needs.