The forecast for prepared or preserved mackerel imports to Canada shows a steady incremental growth from 2024 to 2028. Starting at 5.93 million USD in 2024, the value is expected to reach 6.33 million USD by 2028. This represents an average annual growth rate (CAGR) of about 1.67% over the five-year period. The year-on-year growth is consistently around 1.7% to 1.8%. In 2023, the import value was 5.8 million USD, indicating moderate demand expansion.
Future trends to watch for include:
- Shifts in consumer preferences towards healthier or convenient dietary options, potentially increasing mackerel consumption.
- Impact of trade agreements or changes in international trade policies affecting seafood imports.
- Sustainability concerns driving demand for responsibly sourced seafood products.