Forecast: Import of Fresh or Chilled Whole Salmon to Canada

The import of fresh or chilled whole salmon to Canada is projected to increase steadily from 2024 to 2028, with values growing from $127.15 million to $140.75 million USD. Comparing these figures to 2023 actual data, which is crucial for accurate analysis, though not specified here, may help quantify this trend further. The year-on-year percentage increase averages around 2-3%, indicating a stable growth trajectory. Over the forthcoming five-year span, the compound annual growth rate (CAGR) reflects consistent upward momentum in demand, accentuated by rising consumer preferences and stable supply chains.

Future trends to watch for include the impact of sustainable fishing practices, changes in consumer dietary preferences, and potential trade policy shifts that could affect import volumes and values. Attention should also be paid to global supply chain efficiencies and any emerging competitive markets.

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