In 2023, the value of fresh or chilled sole imports to Canada was $228.86 thousand USD. The forecasted data show a consistent decline in value from 2024 to 2028, with an average annual decrease of around 11% over the five years. Specifically, the year-on-year reduction is 11.28% from 2024 to 2025, 12.58% from 2025 to 2026, 14.23% from 2026 to 2027, and 16.44% from 2027 to 2028, indicating an accelerating downward trend.
Future trends to watch for:
- Potential changes in consumer preferences and sustainable fishing practices.
- Impact of global economic conditions on seafood import costs and availability.
- Regulatory changes in Canada's seafood import policies.
