The forecast for the re-import of fresh or chilled live mussels to Canada indicates a steady incremental increase in value from 2024 to 2028, reflecting a year-on-year growth rate of approximately 3.54%. The steady growth from $2.26 thousand in 2024 to $2.58 thousand in 2028 suggests a compounded annual growth rate (CAGR) of about 3.35%. In 2023, the value stood at $2.18 thousand. Overall, this trend signifies a modest yet consistent rise in the re-imports of mussels over the forecasted period.
Future trends to watch for include:
- Potential impacts of environmental changes on mussel harvests and supply chains.
- The influence of trade policies and tariffs on the cost-effectiveness of re-importation.
- Consumer demand shifts towards sustainably sourced seafood.
- Economic factors that might affect spending capacity on imported seafood.
