In 2023, the frozen hake imports to the US stood at a certain baseline, with forecasts predicting an upward trend from 2024 to 2028. From 2024 through 2028, the imports are expected to increase steadily, with annual values moving from $4.8516 million in 2024 to $5.4062 million in 2028. This steady rise reflects an average annual growth rate (CAGR) over the five-year period.

Key trends to watch include:

Economic factors such as inflation and currency fluctuations, which could affect the purchasing power and global trade dynamics.
Market demand driven by consumer preferences for seafood and diet trends, impacting the import volumes.
Environmental factors or fishing regulations that might influence global supply and prices.