The forecast for the import of frozen fish fillets to the US shows a steady increase from 617.53 million kilograms in 2024 to 640.14 million kilograms by 2028. In 2023, the import stood at 612.14 million kilograms, reflecting a moderate year-over-year growth rate of approximately 0.88% annually over the forecast period. The compound annual growth rate (CAGR) between 2023 and 2028 is 0.88%, reflecting consistent growth in demand.
Future trends to watch for:
- Impact of sustainable fishing practices on supply chain dynamics.
- Possible fluctuations in import tariffs or trade policies due to geopolitical changes.
- Shift in consumer preferences towards plant-based or alternative protein sources.
- Technological advancements in aquaculture potentially affecting supply.