The forecast for US imports of prepared or preserved crustaceans and molluscs shows a steady year-on-year increase from 2024 to 2028, growing from $3.5874 billion in 2024 to $3.9636 billion in 2028. As of 2023, the actual import value was $3.4919 billion. The forecasted annual growth rate (CAGR) from 2024 to 2028 is approximately 2.5% per annum. This indicates a stable and moderate growth trend parallel to increasing consumption trends and the rising demand for seafood in the US.
Future trends to watch for include:
- Potential impacts of trade policies and tariffs affecting import costs.
- Consumer shifts towards sustainable and ethically sourced seafood impacting demand.
- Technological advancements in preservation and logistics enhancing import efficiency.
- Market dynamics driven by health trends promoting crustaceans and molluscs as protein alternatives.
