The re-import of fresh or chilled live mussels to Canada is forecasted to steadily increase from 2024 to 2028, starting from 744.59 kg in 2024 and reaching 849.68 kg by 2028. This represents a consistent annual growth, reflecting positive market expectations. Based on this forecast, the average compound annual growth rate (CAGR) over the five-year period is approximately 3.32%, indicating a healthy upward trend.
Future trends to watch for in this market include:
- Potential impacts of trade policies or international agreements affecting seafood imports.
- Changes in consumer preferences toward sustainable and locally sourced seafood.
- Technological advancements in aquaculture that could enhance mussel production efficiency.
- Environmental changes affecting mussel habitats, potentially influencing supply and import needs.
