The forecast of re-imported frozen shrimps and prawns to Canada shows a significant decline from 2024 to 2028, with values decreasing consistently each year. Comparing the 2024 forecasted value of 93.88 thousand US Dollars to the 2028 forecasted value of 9.18 thousand US Dollars, there is a notable downward trend. This suggests a sharp year-on-year decline, averaging a significant rate of decrease annually over the five-year period from 2024 to 2028.
Future trends to watch for include potential shifts in seafood consumption patterns, import tariff changes, and Canadian domestic seafood production capabilities. The anticipated decrease indicates a possible reduction in demand or a shift towards locally sourced products.
