In 2023, the import of fresh or chilled shrimps and prawns to the US stood at approximately 3.78 million kilograms. The forecasted data indicates a steady annual growth from 2024 through 2028. The year-on-year increase in import volumes is moderate, averaging slightly over 1.5% annually within this period. This progression reflects an industry returning to a stable growth trajectory after challenges in previous years. Over the five-year span, the compound annual growth rate (CAGR) is projected to be just above 1.5%.
Future trends to watch include shifts in consumer demand towards sustainably sourced seafood and potential economic or policy changes affecting international trade dynamics. Monitoring these factors will be crucial for anticipating supply chain changes and market demands.
