Forecast: Import of Frozen Whole Skipjack and Stripe-Bellied Bonito to Canada

The import of frozen whole skipjack and stripe-bellied bonito into Canada is projected to show a consistent upward trend from 2024 to 2028, starting from 289.91 thousand kilograms in 2024 and reaching 307.57 thousand kilograms in 2028. This steady growth reflects an increasing demand for these seafood products. Assuming that the import volume in 2023 remained roughly similar to early 2024 projections, the year-on-year growth rate suggests a gradual expansion. Over five years, the compounded annual growth rate (CAGR) indicates moderate yearly increases, pointing towards sustained market interest in these imports.

Future trends to watch for include potential shifts in consumer preferences, effects of international fishing regulations, and trade agreements that could impact both availability and cost. Additionally, observation on sustainability practices in fishing and market diversification could further influence the forecasted import volumes.

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