In 2023, the re-import value of fresh or chilled whole salmon to Canada was not explicitly stated. From the forecast data for 2024 onward, there is a projected annual decline in value. Between 2024 and 2028, the value shows a negative year-on-year variation, shrinking from $171.33K to $151.82K, equivalent to a decrease of approximately 3.0% per year over this period. The overall compound annual growth rate (CAGR) for 2024-2028 is projected at around -3.0%.
Future trends to watch for include:
- Potential impacts of global salmon supply fluctuations, which could alter import needs.
- Changes in Canadian domestic production capacity affecting import reliance.
- Evolving consumer preferences towards sustainably sourced seafood.
- Regulatory shifts impacting trade environments and re-import activities.
