In 2023, the import volume of flours, meals, and pellets of fish for human consumption to the US was measured at approximately 110.00 thousand kilograms. Forecasted data indicates a consistent decline over the next five years, with a significant decrease from 96.75 thousand kilograms in 2024 to 45.46 thousand kilograms in 2028. This represents a year-on-year decrease, with noteworthy drops between 2024 and 2025, as well as from 2025 to 2026. The compound annual growth rate (CAGR) calculates an average annual decrease, highlighting a downward trend in imports over this forecast period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards plant-based alternatives, which might influence demand.
- Regulatory changes in fish import policies or sustainability practices, impacting supply.
- Fluctuations in global fish meal and pellet production, affecting availability and import needs.