In 2023, the value of re-imports of fish, crustaceans, molluscs, and aquatic invertebrates to Canada stood at a given benchmark. For the forecast period from 2024 to 2028, the value shows a steady year-on-year increase, ranging from 26.846 million USD in 2024 to 29.107 million USD in 2028. The year-on-year growth displays an incremental trend, suggesting an average growth of around 1.8% annually over this period. This consistent rise highlights a stable demand in Canada for these aquatic products.
Future trends to watch include:
- Impact of global economic conditions on consumer demand and pricing.
- Fluctuations in foreign exchange rates affecting import costs.
- Regulatory changes in trade policies impacting import volumes.
- Sustainability and environmental factors influencing supply chains.
