The freshwater fish production in Canada has demonstrated variability over the past several years. From a measurable starting point of 171.88 thousand metric tons in 2014, production peaked at 216.6 thousand metric tons in 2016 before dropping to 195.55 thousand metric tons by 2017, and further fluctuated until 2023, where it stood at 205.98 thousand metric tons. The year-on-year variation in 2023 indicated a modest growth of 0.76%. The last five-year CAGR leading up to 2023 was 1.04%, suggestive of moderate compound annual growth.
Key trends observed include:
• Significant fluctuation between 2015 and 2020, including a notable decline in 2020 by 16.31%.
• A recovery phase from 2021 onwards, with an approximate growth of 6.08% in 2022.
• Steady increments from 2023 onwards, with a forecasted modest growth rate of 3.16% over the next five years and a forecasted 5-year CAGR of 0.62%.
Future trends to watch include potential impacts of climate change on aquatic ecosystems, advances in sustainable aquaculture practices, and market demand shifts for freshwater fish in Canada.
