In 2023, the non-human-edible seafood meals imports to Canada stood at 107 million USD. Forecasts project a steady increase in import values from 2024 to 2028, with figures reaching approximately 119.59 million USD by 2028. This represents an average annual growth rate (CAGR) of about 2.23% over the five-year period. Year-over-year percentages indicate consistent growth, reflecting a sustained demand trajectory. The values suggest a stable upward trend over the forecasted years, highlighting a robust market for such goods.
Future trends to watch include:
- Innovations in seafood processing technology that could impact import costs and supply chains.
- Regulatory changes regarding non-human-edible seafood that might influence trade volumes.
- Shifts in global seafood supply dynamics and environmental considerations influencing product availability.