The import of smoked herrings to Canada is forecasted to increase steadily from $251.95 thousand in 2024 to $262.96 thousand by 2028. Compared to the estimated 2023 value, this represents a consistent growth pattern. Year-on-year variations from 2024 to 2028 reveal a stable increase, averaging a CAGR of approximately 1.08% annually.
Future trends to watch for include:
- Shifts in consumer preferences towards smoked seafood products.
- Impact of international trade policies on import strategies.
- Possible influence of sustainability and eco-friendly practices in fishing industries affecting supply chains.
- Exchange rate fluctuations potentially affecting pricing and competitiveness in the market.