Forecast: Crustaceans Export Volume in the US

The crustaceans export volume in the US has seen a notable decline over the last decade. From 158.6 thousand metric tons in 2014 to 100.86 thousand metric tons in 2023, the average decline per year (CAGR) over the past five years was -2.88%. Year-on-year variations show a significant drop in 2017 by -17.36% and in 2020 by -19.58%. The period between 2021 and 2023 saw slight fluctuations with a decline of -3.21% in 2023.

Future trends to watch for:

  • Continued decline in export volume with a forecasted average annual decrease (CAGR) of -3.03% through 2028.
  • Sustainability and environmental regulations potentially impacting production and export capabilities.
  • Shifts in global market demand and competition dynamics influencing US export levels.

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