The import of frozen, dried, salted, or brine-preserved cuttlefish and squid to the US is forecasted to decline steadily from 2024 through 2028. Starting at 16.587 million kilograms in 2024, imports are expected to decrease to 6.7185 million kilograms by 2028. This represents a year-on-year reduction each year and a significant average annual decrease, which is compounded into a negative five-year CAGR.
In 2023, actual imports stood at a benchmark figure which informs this notable downward projection. Factors contributing to these trends could include changes in consumer demand, international supply chain challenges, or regulatory impacts regarding seafood imports.
**Future Trends to Watch For:**
- Potential shifts in consumer preferences towards alternative protein sources or locally sourced seafood.
- Environmental and sustainability issues affecting both supply and policy regarding seafood.
- Technological advancements in aquaculture potentially affecting market dynamics.
