In 2023, the import value for frozen whole Pacific salmon to the US stood at approximately 61.2 million USD. Forecasted data from 2024 to 2028 show a steady upward trend, with imports predicted to increase annually by an average of around 3.05% year-on-year. The compound annual growth rate (CAGR) over this five-year period is estimated at approximately 3.85%, indicating consistent growth in demand and import value.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable seafood, impacting demand.
- Potential trade regulations affecting import volumes and values.
- Technological innovations in supply chain management improving efficiency.
- Climate change effects on Pacific salmon habitats influencing supply stability.