In 2023, Canada's import of fresh or chilled sardines, brisling, and sprats stood at a baseline value before the forecasted growth. From 2024 to 2028, the forecast shows a steady annual increase with year-on-year growth rates suggesting a consistent upward trend. This results in a Compound Annual Growth Rate (CAGR) that reflects a stable and modestly growing demand for these imports within the Canadian market.

Future trends to watch for include:

Potential changes in consumer preferences for sustainable and locally sourced seafood, which could influence import volumes.
Fluctuations in international trade policies that may impact import costs and price competitiveness in Canada.
Global supply chain dynamics, including fishing yields and environmental factors affecting availability and pricing.