In 2023, the re-import of frozen fish livers and roes to Canada stood at a significant figure in thousands of US dollars. The forecasted values from 2024 to 2028 indicate a consistent decline year-on-year. Specifically, each year sees approximately a 10% decrease in value, signaling a downward trend in imports. The compound annual growth rate (CAGR) over this five-year period highlights a steady reduction, reflecting changing market dynamics and potentially reduced demand or increased domestic production capabilities.
Future trends to watch for include:
- Global shifts in fisheries and aquaculture, possibly impacting availability and price;
- Changes in Canadian consumer preferences or dietary trends;
- Trade policy adjustments or economic factors influencing import costs.
