The share of marine capture fisheries production volume in Canada is forecasted to decrease gradually from 2024 to 2028, starting at 0.85% of global production and declining to 0.79%. Compared to 2023, a consistent downward trend is evident with an annual decline of approximately 1.18% over this five-year period. This reflects a continued reduction in Canada's proportion within the global fisheries landscape.
Future trends to watch for include:
- Environmental policies impact and possible adaptation measures in Canadian fisheries management.
- Potential shifts towards sustainable practices impacting production volumes.
- Emerging markets and changing global demand dynamics affecting Canada's share.