The import of frozen Jack and Horse Mackerel to Canada is forecasted to increase steadily from 2024 to 2028, with values projected at 1.7973 million USD in 2024, rising to 1.9361 million USD by 2028. The consistent growth reflects a positive trend, with year-on-year increases averaging around 2%. In 2023, the import value was approximately 1.765 million USD, indicating a stable upward trajectory. Over five years, the compound annual growth rate (CAGR) stands at about 1.8%, suggesting a robust demand for these types of seafood in Canada.
Future trends to watch for include potential changes in consumer preferences towards sustainable seafood, possible fluctuations in global fish stock availability, and any trade policies affecting imports. Additionally, the impact of health trends and economic conditions on consumption patterns should be closely monitored.
