The forecasted data on freshwater fish imports in Canada indicates an increasing trend from 2024 to 2028. Starting in 2024, imports are expected to be 33.51 thousand metric tons, rising steadily each year to reach 37.84 thousand metric tons by 2028. The year-on-year growth rate shows a consistent increase, averaging around 2.7% annually during this period. In 2023, the actual import stood at 32.45 thousand metric tons, making the year-on-year increase from 2023 to 2024 approximately 3.3%. Over the last two years leading to 2024, the imports have shown a solid upward trend. The compound annual growth rate (CAGR) over the upcoming five years is projected to be around 3.1%.
Future trends to watch for include changes in trade policies, availability of freshwater fish resources, innovations in sustainable fishing practices, and evolving consumer preferences towards freshwater fish. Additionally, the impact of environmental factors on fish populations and the global supply chain disruptions might also influence the imports volume and value.
