In 2023, the US imported prepared or preserved fish valued at approximately 206.91 million US dollars. Forecasts indicate an increase reaching 227.71 million US dollars by 2028. Year-on-year growth rates are expected to be consistent, with a steady rise of around 2-2.5% annually. Over the next five years, this translates into a compound annual growth rate (CAGR) of about 2.35%, suggesting stable and moderate growth in import volumes.
Future trends to watch for:
- Potential impacts of trade policy changes on import levels.
- Shifts in consumer preferences towards sustainable and premium fish products.
- The influence of new fishing and aquaculture technologies on global supply chains.