The forecast for human-edible fish flours imports to Canada from 2024 to 2028 shows a consistent upward trend. Starting at $444.84 thousand USD in 2024, the value steadily rises, reaching $592.09 thousand USD by 2028. This represents a compound annual growth rate (CAGR) that suggests a healthy and consistent increase in demand for these imports. The year-on-year growth from 2024 to 2028 indicates a stable market expansion with no significant fluctuations. As of 2023, the baseline for these imports should be considered lower, highlighting the positive growth trajectory.
Future trends to watch for include:
- Potential impacts of trade agreements or tariffs affecting import costs.
- Shifts in consumer preferences towards sustainable seafood products.
- Technological advancements in fish processing and preservation affecting import volumes and values.
- Environmental and regulatory changes impacting fish availability in Canada’s traditional import regions.