In 2024, the forecast for Canada's fresh or chilled mackerel imports is expected to continue a steady growth trend, reaching 3.2958 million USD. This marks a consistent year-on-year incremental rise, with projections for 2025 and beyond showing an annual increase of approximately 0.1% to 0.15%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 stands at around 0.12%. Last year's figures are crucial for understanding this trend, especially since the 2023 baseline data is required for a thorough comparative analysis.
Future trends to watch:
- Potential shifts in consumer preferences towards sustainable seafood.
- Impact of global economic conditions on seafood imports.
- Regulatory changes affecting the seafood trade.
- Technological advancements in preservation and transportation affecting supply chains.