The import of prepared or preserved molluscs and shellfish to the US is forecasted to rise steadily from 118.22 million kilograms in 2024 to 136.38 million kilograms in 2028. The projected increase from 2024 to 2025 is 3.95%, from 2025 to 2026 is 3.73%, from 2026 to 2027 is 3.52%, and from 2027 to 2028 is 3.34%. When looking at the compound annual growth rate (CAGR) over the five-year period from 2023 to 2028, an average growth of around 3.63% per year is anticipated.
Future trends to watch for include:
- The impact of climate change on mollusc and shellfish populations, potentially affecting supply chains and international trade dynamics.
- Shifts in consumer preferences towards sustainable and locally sourced seafood options, which may influence import volumes.
- Regulatory changes regarding seafood imports that could create new opportunities or barriers in the market.
- The continuing development of aquaculture technologies, which might alter the market landscape by increasing domestic production.
