The forecast for the re-import of prepared or preserved shrimps and prawns to Canada shows a significant downward trend over the period from 2024 to 2028. In 2023, the actual re-importation stood at a certain volume, which is undisclosed but serves as a base for these projections. The data suggests an average annual decrease of around 20% from 2024 onwards. Each subsequent year sees a reduction in volume, with the compound annual growth rate (CAGR) reflecting this declining trend. The year-on-year variations indicate a consistent decrease in import levels.
Future trends to watch for include:
- Potential changes in consumer preferences impacting demand for imported seafood.
- Shift in trading policies or international relations affecting seafood trade.
- Emergence of sustainable and locally sourced seafood significantly influencing import levels.