The frozen Nile Perch and snakeheads imports to the US are projected to increase significantly from 2024 to 2028. Starting at $2.0097 million in 2024 and rising to $3.018 million by 2028, this indicates a steady growth trend. If we consider the growth of approximately 12.76% year-on-year from 2024 to 2025, this trend is consistent over the entire period, leading to an average annual compounded growth rate (CAGR) over five years.

In 2023, imports stood just below this trajectory, setting a stable foundation for the upcoming growth in the forecast. Variations over the last years reveal a positive trend, crucial for stakeholders.

Future trends to watch for:

Trade policy changes impacting import duties and restrictions could influence costs and demand.
Environmental sustainability practices might affect supply chain dynamics.
Consumer preferences for sustainable and traceable seafood sources could drive demand.