Forecast: Import of Frozen Whole Salmon Pacific to Canada

In 2023, Canada's import of frozen whole Pacific salmon stood at 14.95 million kilograms. Moving into the forecasted years, there is a consistent year-on-year growth in import volume. From 2024 to 2028, the annual growth rates are approximately 2-3%, with the compound annual growth rate (CAGR) over these five years projected to be around 3%. This denotes a steady increase in demand and dependence on imports of Pacific salmon into Canada.

Future trends to watch for include:

  • Changes in global salmon supply which could impact import volumes and prices.
  • Environmental policies and sustainability measures affecting the salmon fishing industry.
  • Consumer preferences shifting towards sustainably sourced seafood, potentially impacting import types.

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