The forecasted frozen hake imports to Canada are expected to see a slight and steady decline from 2024 to 2028, starting at $927.32 thousand and decreasing to $905.27 thousand by 2028. This represents an average annual decline of approximately 0.6% during this period. Given that the data from 2024 onward is projected, the actual figures for 2023 must be considered to estimate precise growth rates.
Future trends to watch for include:
- Changes in consumer demand for frozen hake in Canada.
- Price fluctuations in the global seafood market.
- Canada's trade policies and import tariffs impacting seafood imports.
- Advancements in fishing and aquaculture technologies that may affect supply levels.
