In 2023, the US imported prepared or preserved anchovies valued at 31.72 million US dollars. Looking forward, forecasts show a steady increase, reaching up to 32.476 million in 2028. The annual increase remains consistent, approximately 0.5% year-on-year, indicating a modest but stable growth in imports. The compound annual growth rate (CAGR) over five years is projected to be around 0.5%.
Future trends to watch for:
- Impact of sustainability practices and regulations on supply chains.
- Consumer shifts towards sustainable seafood choices.
- Exchange rate fluctuations affecting import costs.
