In 2023, the import of fresh or chilled whole plaice to Canada stood at the baseline, with forecasts indicating a decrease in volume over subsequent years. From 2024 onwards, the forecast shows a steady decline, with the import volumes dropping from 9.57 thousand kilograms in 2024 to 8.7 thousand kilograms by 2028. This reflects a year-on-year decrease of approximately 2.3% between 2024 and 2025, and a consistent decline is observed throughout the period. The Compound Annual Growth Rate (CAGR) over the five years suggests an average annual decrease of about 2.4%.
Future trends to watch include potential shifts in consumer preferences towards more sustainable seafood options, which could impact import volumes. Additionally, changes in trade agreements or domestic fisheries policies in Canada might influence future import dynamics.
