The import value of prepared or preserved abalone to the US in 2023 stood at $20.814 million. The forecasted data from 2024 onward shows a steady increase, with a compound annual growth rate (CAGR) of approximately 3.5% from 2024 to 2028. In the years between 2023 and 2024, imports are expected to grow by about 3.5%, followed by similar increases annually thereafter.
- 2024: $21.548 million
- 2025: $22.287 million
- 2026: $23.019 million
- 2027: $23.743 million
- 2028: $24.46 million
Future trends to observe include potential impacts from international trade relations, changes in seafood consumption patterns in the US, and sustainability considerations affecting global abalone supply. Monitoring these factors will be crucial for stakeholders looking to understand the dynamics of the abalone market.