Global price of Fish Meal

Annual

PFISHUSDA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,434.91

Year-over-Year Change

-11.66%

Date Range

1/1/1990 - 1/1/2024

Summary

The Annual trend measures the total U.S. expenditure on fish and seafood products for personal consumption. It is a key indicator of consumer demand and dietary preferences.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The Annual trend represents the annual value of fish and seafood expenditures by U.S. consumers. It provides insight into evolving food consumption patterns and helps analyze changes in the domestic seafood market.

Methodology

The data is compiled by the U.S. Department of Agriculture based on consumer expenditure surveys.

Historical Context

Policymakers and industry analysts use this metric to guide production, trade, and marketing decisions.

Key Facts

  • U.S. annual fish/seafood expenditure was $101.2 billion in 2021.
  • Seafood accounts for over 15% of total U.S. food expenditures.
  • Per capita fish/seafood consumption has grown by 8% since 2010.

FAQs

Q: What does this economic trend measure?

A: The Annual trend measures the total U.S. expenditure on fish and seafood products for personal consumption.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into evolving consumer food preferences and helps guide production, trade, and marketing decisions in the seafood industry.

Q: How is this data collected or calculated?

A: The data is compiled by the U.S. Department of Agriculture based on consumer expenditure surveys.

Q: How is this trend used in economic policy?

A: Policymakers and industry analysts use this metric to understand changes in the domestic seafood market and make informed decisions.

Q: Are there update delays or limitations?

A: The data is published annually with a lag of several months, so it may not reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Annual (PFISHUSDA), retrieved from FRED.