The data indicates a steady increase in the re-import of salted or in brine cod to Canada, projected from 2024 to 2028. From a value of 22.61 thousand USD in 2024, forecasts predict growth reaching 26.22 thousand USD by 2028. Over this period, the average compound annual growth rate (CAGR) is positive, marking consistent yearly growth. Compared to historical figures from 2023, when data was first captured, this reflects an ongoing upward trend driven by demand dynamics within Canada and potentially influenced by broader global seafood market trends.
Future trends to monitor include shifts in consumer preferences towards seafood, changes in international trade policies, and evolving supply chain logistics. Additionally, environmental regulations and technology advancements in the fishing industry could notably impact the supply and pricing dynamics of this commodity in Canada's market.
