As of 2023, Canada's imports of fish-liver oils and fractions stood at 2.074 million USD. The forecast from 2024 to 2028 shows a consistent annual decrease in imports value, with the market predicted to decline from 1.986 million USD in 2024 to 1.627 million USD by 2028. This represents a year-on-year decrease of 4.68% followed by subsequent declines of approximately 4.80% annually. The compound annual growth rate (CAGR) from 2024 to 2028 reflects a negative trend of approximately 2.77%.
Future trends to watch for include the potential impact of sustainability and health trends on the demand for fish-liver oils, as well as the influence of international trade agreements and currency fluctuations on import values.
