The Canadian import volume of crustaceans is forecasted to increase steadily from 271.02 thousand metric tons in 2024 to 296.53 thousand metric tons in 2028. In 2023, the volume stood at approximately 265.4 thousand metric tons, indicating a continuous yearly upward trend projected to average a CAGR of around 2.3%. The year-on-year variation expects minor increments of roughly 2.4% to 2.5%, showing consistent growth in demand driven by factors such as increased consumer preferences for seafood.
Future trends to watch for include changes in global crustacean supply, potential policy shifts affecting imports, and fluctuations in domestic consumer preferences and spending power which could impact the import volumes. Additionally, sustainability and environmental concerns might shape sourcing strategies moving forward.
