In 2023, imports of dried, salted or in brine, smoked crabs to Canada stood at approximately 12 million USD. For 2024, forecasts suggest an increase to 13.799 million USD, marking a year-on-year growth of roughly 15%. This positive trend is anticipated to continue, with the imports projected to reach 20.949 million USD by 2028, reflecting a compound annual growth rate (CAGR) of approximately 8.7% over the five-year period from 2024 to 2028.
Looking ahead, several future trends bear watching:
- Potential demand shifts driven by evolving consumer preferences for sustainable seafood options.
- Effects of global trade dynamics on supply chain efficiency and cost.
- Regulatory changes impacting seafood import policies and quality standards.