Between 2024 and 2028, the import volume of fresh or chilled whole flatfish to Canada is forecasted to decline steadily from 491.85 thousand kilograms in 2024 to 474.93 thousand kilograms in 2028. This reflects an annual decrease in volume, with variations showing a gradual downturn each year. In 2023, prior to the forecasted data, the import volume was slightly higher, indicating a marginally more robust demand or supply scenario during the previous years.
Year-on-year percentage variations highlight a consistent reduction in imports, which could be attributed to various market factors such as changing consumer preferences, economic constraints, or shifts in trade dynamics.
- Close monitoring of Canadian consumer preferences, potentially shifting towards locally sourced or alternative seafood, could further impact imports.
- Trade policies, including tariffs or agreements affecting seafood imports, must be watched closely as they could alter the forecast trajectory.
- Environmental and sustainability concerns affecting flatfish availability or harvesting practices could influence future import needs.