In 2023, the volume of freshwater fish exports in the US stood at 387.00 thousand metric tons. Based on forecasted data, the export volume will see a steady increase from 2024 through 2028. The projected growth is as follows: 1.02% in 2024, 1.02% in 2025, 0.99% in 2026, 0.96% in 2027, and 0.93% in 2028. Analyzing the compound annual growth rate (CAGR) for these years gives an average annual increase of 0.99%.
Future trends to watch for include:
- Shifts in global demand for freshwater fish, particularly from emerging markets.
- Technological advancements in aquaculture that could increase production efficiency.
- Changes in trade policies that could either benefit or restrict export opportunities.
- Environmental and sustainability concerns influencing both supply and consumer preferences.