In 2023, live trout imports to the US stood at an actual value of $1.7 million. Forecast data indicates a steady increase from 2024 through 2028, starting at $1.77 million and reaching $2.06 million. The year-on-year growth rates show a consistent upward trend, highlighting strong market demand. The compounded annual growth rate (CAGR) over this period suggests robust average growth per year exceeding previous years, reinforcing a positive outlook in this segment.
Future trends to watch for include:
- Potential fluctuations in international trade policies impacting import costs and supply.
- Environmental sustainability practices influencing the aquaculture industry and live trout farming.
- Shifts in consumer demand toward local and sustainably sourced seafood impacting import dynamics.