The forecast for demersal fish production in Canada from 2024 to 2028 shows a consistent upward trend. In 2023, production stood at approximately 245.2 thousand metric tons.
Year-on-year variations for 2024 and 2025 are about 2%, while for the subsequent years—2026 and 2027, the increase stabilizes at around 2%. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.4%. This indicates a healthy and steady growth rate in demersal fish production.
Future trends to watch for include changes in regulatory policies affecting fishing quotas, climate change impacts on marine ecosystems, and advancements in sustainable fishing technologies. Monitoring these factors is critical for accurate future production forecasts.
