Frozen Fish Meat Market in the USA
In value terms, frozen fish meat production rose slightly to $ in . Over the period under review, the total production indicated resilient growth from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2015 indices. The most prominent rate of growth was recorded in 2008 when the production volume increased by % year-to-year. Over the period under review, production reached the peak level in and is likely to continue growth in the near future.
The size of the frozen fish meat market in the U.S. soared to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2019 when the market value increased by % y-o-y. Frozen fish meat consumption peaked at $ in 2009; however, from 2010 to , consumption remained at a lower figure.