The forecasted decline in the import of frozen whole trout to the US is evident from 2024 (346.65 thousand kg) through 2028 (301.24 thousand kg), indicating a consistent downward trend. If the import volume stood at 355 thousand kg in 2023, the forecast shows a declining pattern with an average decrease of approximately 3.5% annually, translating to a cumulative average growth rate (CAGR) of around -3% over five years. This points to a continued reduction in demand or supply constraints.
Future trends to watch for include:
- Potential market shifts towards alternative fish options or increased domestic production.
- Changes in trade policies affecting import tariffs or regulations.
- Environmental factors impacting global trout farms and fisheries.
- Consumer preferences leaning towards sustainability and local sourcing.