In 2023, Canada's import of fishing and hunting equipment was valued at an estimated 89 million US dollars. The forecast for the period from 2024 to 2028 shows a steady increase in imports, reaching 94.01 million US dollars by 2028. This upward trend indicates a modest growth pattern, with annual growth rates expected around 1.1% to 1.4%. The compound annual growth rate (CAGR) over this five-year period is approximately 1.3%, highlighting consistent, albeit slow, expansion in demand.

Future trends to watch for:

The potential impact of environmental regulations on product imports and availability.
Changing consumer preferences and technological advancements influencing demand for modernized equipment.
Economic factors such as exchange rates and trade policies that may affect import costs and volumes.