The forecast indicates a consistent increase in the import of live fish to Canada from 2024 to 2028. With values rising from $118.41 million in 2024 to $141.59 million in 2028, this represents a compound annual growth rate (CAGR) of approximately 4.52%. This denotes a robust and steady growth in the demand for live fish imports.
Future trends to watch for include:
- Changes in consumer demand for live fish.
- Potential impacts of environmental regulations on import volumes.
- Shifts in trade policies and agreements affecting the seafood industry.
- Developments in aquaculture technology and efficiency.