The import of frozen fish fillets to Canada is forecasted to steadily rise from 2024 to 2028, starting at $374.83 million in 2024 and reaching $406.45 million by 2028. With the annual growth rate averaging approximately 2-3%, this trend marks a consistent upsurge in demand over the forecast period. In 2023, actual import figures set the foundation for these projections, showcasing Canada’s growing dependency on imported frozen fish fillets.

Future trends to watch for:

Potential shifts in consumer preferences toward sustainable and locally-sourced seafood options, impacting import volumes.
Economic factors such as currency fluctuations and trade policies could affect import costs and quantities.
Technological advancements in cold chain logistics might enhance the efficiency of frozen seafood imports.