The re-import of fresh or chilled whole halibut into Canada is forecasted to grow steadily from 16.72 thousand kilograms in 2024 to 17.77 thousand kilograms by 2028. Comparing 2024 to 2023, where the re-import volume is 16.48 thousand kilograms, showcases an initial growth of approximately 1.5%. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) reflects a modest upward trend. Each year sees an approximate increment of 1.6%.
Future trends to watch for include:
- Changes in international trade agreements affecting fish imports.
- Sustainability and regulation impacts on Canadian fishing industries.
- Consumer demand shifts towards seafood driven by dietary preferences.
- Price volatility influenced by global supply chain dynamics.
