The forecast data indicates a steady increase in the import value of frozen whole cod to the US from 2024 to 2028. The value is projected to grow from 28.211 million USD in 2024 to 33.13 million USD in 2028. This reflects a consistent upward trend with annual percentage increases contributing to a compounded annual growth rate (CAGR) representative of a healthy and sustained growth over these years.
Future trends to watch for include:
- Changes in US seafood consumption patterns which might affect demand.
- Potential impacts of trade policies or tariffs on seafood imports.
- Global supply chain dynamics and their influence on pricing and availability.
- Environmental and sustainability considerations influencing sourcing decisions.