In 2023, imports of salted or in brine tilapias, catfish, carp, eels, Nile perch, and snakeheads to the US stood at an actual value of $355.32 thousand USD. The forecasted data for 2024 to 2028 indicate a steady increase in import values, rising from $357.45 thousand USD in 2024 to $365.88 thousand USD in 2028. Year-on-year, the increase averages around 0.6%, showcasing a modest yet consistent growth trend. Over the projected five-year period, the compound annual growth rate (CAGR) is approximately 0.7%, indicating a stable market with minimal fluctuations.
Future trends to watch for include:
- The potential impact of environmental policies targeting aquaculture practices, which may influence supply dynamics.
- Changes in consumer preferences toward sustainable and locally-sourced fish products, potentially affecting import demand.
