In 2023, the imports of fresh or chilled catfish to the US stood at a value higher than those forecasted for the subsequent years. The forecast indicates a negative trend from 2024 to 2028, with a gradual annual decrease in value ranging around 1% year-over-year. The CAGR calculation implies a similar steady decline of catfish imports over this five-year period.
Future trends to watch include:
- Any changes in US dietary preferences potentially impacting demand for catfish.
- Shifts in trade policies or tariffs which might influence import costs.
- Global supply chain dynamics affecting availability and pricing from exporting nations.
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