The forecast for the import of frozen whole hake to the US shows a steady year-on-year increase over the next five years, with values rising from 2024 to 2028. In 2023, the imports were at $4.4453 million. The consistent growth between 2024 and 2028 signifies a trend in increasing demand. The average annual growth rate, as indicated by the compound annual growth rate (CAGR), reflects this positive trend.

Future trends to watch for include:

Potential impacts of global trade policies that could affect import volumes and costs.
Changing consumer preferences towards sustainable and traceable seafood options.
Technological advancements in supply chain efficiency, which could influence import patterns.
Evolving economic factors, such as currency fluctuations and inflation rates, impacting import prices.