The forecasted import of frozen whole halibut to the US is expected to see a steady increase from 2024 to 2028, with values rising from $9.874 million to $10.042 million. This shows a gradual upward trend compared to 2023, where the import stood at $9.796 million. The year-on-year growth rate over the observed period averages roughly 0.4%, and the compound annual growth rate (CAGR) over the five-year period stands at around 0.5%.
Future trends to watch for include:
- Potential impacts of changing US trade policies on seafood imports.
- Fluctuations in global fishery outputs affecting supply and prices.
- Consumer demand shifts, possibly influenced by health trends or ecological awareness.
- Effects of advancements in storage and transportation technologies on import efficiency and costs.