The import of non-food products of fish or crustaceans, mollusks, or other aquatic invertebrates to the US is projected to gradually increase from 67.219 million kilograms in 2024 to 74.945 million kilograms in 2028. Assuming that the volume in 2023 closely mirrors that of 2024, we predict a steady expansion across the five-year period, with an annual average growth rate (CAGR) in terms of volume of approximately 3%.
Future trends to consider include:
- Potential regulatory changes affecting fisheries and marine product trade.
- Technological advancements in aquaculture and sustainable practices.
- Shifts in consumer preferences toward sustainable or alternative products.
- Economic factors influencing trade dynamics and demand for aquatic products.
