In 2023, the re-import of frozen fish to Canada stood at $1.3887 million USD. The forecast from 2024 to 2028 indicates a slight annual decline, decreasing from $1.3866 million USD to $1.3782 million USD. This corresponds to an average annual decrease of approximately 0.12%. Over the five-year period, we observe a consistent downward trend with a compound annual growth rate (CAGR) signaling a gradual decrease in demand or changes in the import strategy.
Future trends to watch for include shifts in global fish supply chains, potential trade policy changes impacting Canada, and evolving domestic demand patterns for fish and seafood, which could alter the re-import levels further.
