In 2023, the United States imported $12.5 million worth of frozen abalone. The forecast for 2024 predicts an increase to $13.531 million, showing a year-on-year growth of 8.24%. This growth trend is expected to continue with imports reaching $17.873 million by 2028, reflecting a compound annual growth rate (CAGR) of 8.89% over the five-year period.

Future trends to watch for:

The influence of sustainability practices on abalone farming and its impact on supply.
Trade policy changes, especially those related to tariffs, that could affect import costs.
Potential shifts in consumer demand towards alternative seafood options or plant-based diets.
Technological advancements in aquaculture that may enhance production efficiency and quality.