The import of frozen whole halibut to the US is projected to steadily decline from 2024 to 2028. Starting at 1.1458 million kilograms in 2024, the forecast indicates a consistent annual reduction, reaching 1.0783 million kilograms by 2028. Data for 2023 is unavailable, making it challenging to analyze precise year-on-year variations for that period. However, the compound annual growth rate (CAGR) over five years highlights a negative growth trend, signifying a gradual decrease in imports.
Future trends to watch include shifts in consumer preferences towards other fish varieties, potential impacts of strengthened seafood regulations, and sustainability concerns which may further influence import patterns. Economic factors such as fluctuations in currency or trade policies could also alter these projections.
