The import of fresh or chilled crabs to Canada was anticipated to grow steadily over the forecast period from 2024 to 2028. Starting from 73.68 million USD in 2024, it is expected to increase annually, reaching 81.985 million USD by 2028. This demonstrates a consistent upward trend from the actual figure of 71.5 million USD in 2023, reflecting healthy demand. The year-on-year growth ranges between 2.88% and 2.76%, showcasing a stable market with the compound annual growth rate (CAGR) projected at approximately 2.8% over the five-year period.
Future trends to monitor include:
- Global economic conditions affecting export costs and import patterns.
- Trade agreements and tariffs that may impact pricing and volumes.
- Consumer demand shifts toward sustainable and eco-friendly seafood options.
- Technological advancements in seafood logistics and packaging improving freshness.
