In 2023, the re-import of fresh or chilled fish fillet or meat to Canada stood at a value of approximately 1.1436 million US dollars. The forecast indicates a moderate yet steady increase in import values over the next five years. From 2024 to 2028, the values rise from 1.1544 to 1.1962 million US dollars, indicating year-on-year growth ranging from 0.94% to 1.03%. The five-year compound annual growth rate (CAGR) stands at approximately 0.92%.
Future trends to watch for include:
- Fluctuations in global fish meat supply and demand dynamics
- Impact of trade policies and tariffs changes
- Advancements in aquaculture technology improving supply
- Environmental and sustainability concerns influencing fishery policies
