The forecast for the import of frozen whole cod to Canada indicates a gradual decline from 2024 to 2028, decreasing from $12.658 million in 2024 to $11.533 million in 2028. As of 2023, the imports stood at a previous high, suggesting a decreasing trend. Year-on-year variations suggest a declining pattern of approximately 2.3% annually. Over the five-year forecast, the compound annual growth rate (CAGR) indicates an average decrease of around 2.3% per year.

Future Trends to Watch for:

Changes in global cod supply and possible impacts on pricing.
Shifts in Canadian consumer preferences, potentially affecting demand for frozen whole cod.
Trade policy developments that could alter import dynamics.