The import of frozen whole flatfish to the US is projected to increase steadily from 2024 to 2028, starting at $11.619 million and reaching $12.905 million. In 2023, the actual imports were lower than 2024's forecasted value.
Year-on-year growth rates depict a steady upward trend, suggesting strong demand and possibly a growing consumer market in the US. The Compound Annual Growth Rate (CAGR) forecast from 2024 to 2028 indicates moderate and consistent expansion within this period.
Future trends to watch for:
- Potential shifts in US consumer preferences towards sustainable seafood.
- Impact of international trade policies and tariffs on import volumes.
- Fluctuations in global flatfish supply due to environmental or geopolitical factors.