In 2023, the actual imports of fresh or chilled Nile Perch and Snakeheads to the US were valued at approximately 188.42 thousand USD, showing a solid foundation for the forecasted growth. With an upward trajectory, the projected imports exhibit a consistent year-on-year increase between 2024 and 2028. Specifically, there is a progressive growth of around 20.6% in 2024, 20.6% in 2025, 16.9% in 2026, 14.3% in 2027, and 12.4% in 2028, resulting in a 5-year CAGR of approximately 18.6%.
Future trends to watch for in this market include potential impacts of global supply chain disruptions, increasing consumer demand for sustainable seafood options, and regulatory changes in international trade policies that could affect import volumes and values.
- Steady year-on-year growth in forecasted imports.
- Need to monitor regulatory and supply chain developments.
- Focus on sustainable sourcing as a consumer trend.
