Forecast: Import of Frozen Whole Halibut to the US

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.

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