In 2023, the import of fresh or chilled whole dogfish and other sharks to Canada stood at 142.0 thousand kilograms. The forecasted data from 2024 onwards suggests a downward trend, with imports expected to decrease steadily each year: from 133.49 thousand kilograms in 2024 to 102.11 thousand kilograms in 2028.
The year-on-year variation from 2024 indicates a consistent decline as imports are expected to reduce by approximately 6% each year from 2024 onwards. The compound annual growth rate (CAGR) over the five-year forecast period reflects an average yearly decrease in volume of roughly 6.4%.
Future trends to watch for:
- Changes in consumer demand and preferences may impact the import volume of dogfish and other sharks.
- Shifts in environmental regulations and fishing policies could further restrict supply or influence import volumes.
- Potential developments in sustainable seafood sourcing may alter market dynamics.