The forecast for fresh or chilled Greenland, Atlantic, and Pacific halibut imports to the US from 2024 to 2028 shows a steady upward trend. Starting at $125.06 million in 2024, the imports are expected to grow to $139.65 million by 2028, marking a consistent increase each year.
In terms of percentage change, the year-on-year variations from 2024 through 2028 are relatively stable, reflecting sustained growth momentum. This consistent rise suggests a compounded annual growth rate (CAGR) over the forecast period, supporting the industry’s robustness.
Future trends to watch for include potential changes in trade policies, the impact of climate change on fishery stocks, and shifts in consumer preferences towards sustainable seafood which might influence demand and supply dynamics. Additionally, any significant enhancements in aquaculture technology could also alter import patterns.