The forecast for fresh or chilled Atlantic and Danube salmon imports to Canada shows a steady increase from $93.478 million in 2024 to $109.28 million by 2028, indicating an upward trend. Assuming stability, this growth suggests a compound annual growth rate (CAGR) of approximately 4%, reflecting consistent demand for these imports. In 2023, the value was approximately lower than 2024’s figure, establishing the groundwork for this increase.
Future trends to watch for include:
- Potential impacts of climate change on salmon supply.
- Changes in Canadian food consumption patterns and preferences.
- Potential trade agreements affecting import costs and volumes.
