In 2023, the US imported dried, salted, or in brine smoked cuttlefishes and squids valued at approximately 132.6 million US dollars. The forecasted data from 2024 to 2028 shows a steady increase in imports, climbing from 134.63 million to 142.94 million US dollars. Year-on-year growth is modest, averaging around 1.5% per annum. Over the five-year forecast period, the compound annual growth rate (CAGR) is also approximately 1.5%.
Future trends to watch include:
- Fluctuations in global seafood demand and the impact of sustainable fishing practices on supply.
- Changes in consumer preferences for healthier seafood products may drive further demand.
- Potential disruptions due to geopolitical factors affecting trade rules or tariffs.
