The forecast for Canada’s imports of fresh or chilled dogfish and other sharks indicates a steady upward trend from 2024 through 2028. Starting at approximately $678.11 thousand in 2024, the imports are expected to increase annually to $694.81 thousand in 2028. This represents a consistent year-on-year growth of around 0.75%. The compound annual growth rate (CAGR) over these five years is projected to be approximately 0.75%, indicating a stable market with moderate growth.

Future trends to watch for include:

Changes in consumer demand for shark products, potentially influenced by environmental or ethical considerations.
Regulatory shifts in fisheries management and international trade policy impacting supply.
Fluctuations in international market prices and currency exchange rates affecting import costs.