The import of prepared or preserved fish to the US is expected to see a steady growth from 2024 to 2028. In 2023, the volume stood at approximately 51 million kilograms. From 2024, an incremental increase is forecasted with year-on-year variations in the range of 1.8% to 1.9%. Over the five-year period, the compound annual growth rate (CAGR) is anticipated to be around 1.7%, indicating a consistent upward trend.
Future trends to watch for:
- Potential impacts of changes in trade policies and tariffs.
- Shifts in consumer preferences towards sustainable and eco-friendly fishing practices.
- Technological advancements in preservation techniques that might alter demand.