The forecast for the import of frozen whole cod to Canada shows a steady upward trend from 2024 to 2028, starting at 7.8683 million kilograms in 2024 and reaching 8.323 million kilograms in 2028. The data indicates a consistent increase in volumes, averaging a year-on-year growth rate of approximately 1.76% over this period. As of 2023, the actual import volume stood at 7.746 million kilograms, providing a basis for these projections and demonstrating a continued demand for this commodity in Canada.
Future trends to watch for:
- Impact of environmental policies on fishing and trade regulations.
- Fluctuations in exchange rates affecting import prices.
- Advancements in aquaculture possibly altering supply dynamics.
- Changing consumer preferences towards sustainable seafood options.
