The US fresh and frozen fish and shellfish export market is projected to steadily increase from 2.52 billion pounds in 2024 to 2.59 billion pounds in 2028. Compared to 2023, the export volume in 2024 represents a modest uptick. Year-on-year variations show incremental rises of approximately 0.79% from 2024 to 2025, 0.79% from 2025 to 2026, 0.39% from 2026 to 2027, and 0.78% from 2027 to 2028. The compounded annual growth rate (CAGR) over this forecast period is approximately 0.69%.
Trends to Watch for:
- Increasing global demand for sustainable and healthy protein sources.
- Potential trade policy changes impacting export dynamics.
- Technological advancements in aquaculture and cold storage.
- Market access expansion driven by trade agreements.
- Climate change impacts on fish stocks and aquaculture practices.