The forecast for the re-import of fresh or chilled fish fillet or meat to Canada shows a consistent year-on-year decline from 2024 through 2028. The volume in 2023 stood at approximately 70.0 thousand kilograms, indicating the forecasted values represent a downward trend. From 2024 to 2025, the volume declines by 2.8%, followed by a 2.8% decrease in 2026. Subsequent decreases are 2.9% in 2027 and 2.9% in 2028. The compound annual growth rate (CAGR) over these five years suggests an average decline of approximately 2.8% annually.
Future trends to watch for:
- Monitoring changes in consumer demand and preferences for fresh or chilled fish fillet.
- Impact of domestic fishing policies on import needs.
- The role of global supply chain disruptions due to environmental impacts.