In 2023, the imports of frozen catfish fillets to the US stood at an unreported figure as this data begins with 2024 forecasts. From 2024 to 2028, the projected figures show a steady increase from $466.79 million to $484.28 million. Year-on-year variations indicate moderate growth: approximately 0.95% in 2025, 0.93% in 2026, 0.91% in 2027, and 0.90% in 2028. The cumulative annual growth rate (CAGR) over these five years is expected to be modest, reflecting the stability of demand in this market segment.
Future trends to watch for include:
- Potential impacts of changes in trade policies or tariffs on import levels.
- Shifts in consumer preferences toward alternative protein sources.
- Developments in sustainable fishing practices influencing supply.