As of 2023, the re-import of fresh or chilled fish to Canada was approximately around $740 thousand USD. The forecast data from 2024 to 2028 shows a slight, steady increase, starting at $741.82 thousand USD in 2024 and reaching $750.05 thousand USD by 2028. Year-on-year variations are minimal, indicating a stable market with a marginal growth trend.
From 2024 to 2025, the re-import value is expected to rise by around 0.29%. A similar trend continues with increments of approximately 0.28% in 2026, 0.27% in 2027, and 0.27% in 2028, leading to an average compound annual growth rate (CAGR) over the coming years.
Future trends to watch for:
- Changes in international trade policies or tariffs affecting re-import rates.
- Market dynamics such as shifts in consumer preference towards specific types of fresh or chilled fish.
- Environmental or regulatory changes impacting fishing conditions and fish supply.