In 2023, Canada's re-import of oysters stood at approximately the same level as forecasted for 2024. The forecast data from 2024 to 2028 shows a gradual decline in re-import volumes, moving from 2.2 to 2.07 thousand kilograms. Year-on-year variations depict a consistent decline, with each year seeing a reduction over the previous year: 2025 decreases by 1.82%, 2026 by 1.39%, 2027 by 1.41%, and 2028 by 1.43%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) signals a steady downturn in import volumes.
Future trends to watch for include potential shifts in consumer preferences towards locally sourced seafood, regulatory changes impacting trade, or environmental factors affecting oyster supply and demand. Monitoring these factors can provide further insights into the sustainability of these forecasted trends.
