In 2023, the imports of fresh or chilled whole haddock to Canada stood at an estimated value which showed fluctuations before 2024. Based on the forecast data for 2024 to 2028, there is a consistent declining trend in import values. Year-on-year variations show a decrease of approximately 9.08% from 2024 to 2025, 9.81% from 2025 to 2026, 10.65% from 2026 to 2027, and 11.69% from 2027 to 2028. The five-year compound annual growth rate (CAGR) indicates an overall downward trend in import values averaging around 10.56% per year.

Key future trends to watch for include:

Potential changes in consumer preferences towards sustainable seafood options.
Impact of regulatory shifts on fish imports, especially concerning sustainability and tariffs.
Fluctuations in supply chain dynamics post-pandemic affecting import volumes.
Effects of climatic conditions on haddock supply affecting market availability and prices.