The forecast for fresh or chilled tilapia imports to Canada shows a steady increase from 2024 to 2028. Starting at 4.6002 million USD in 2024 and rising to 5.4148 million USD by 2028, this represents a consistent year-on-year growth. The yearly increase between each forecasted year hovers around 4%-5%, with a compound annual growth rate (CAGR) over this period that further emphasizes steady expansion.

Key trends to watch for in the coming years include:

Potential impacts of trade agreements or tariffs that might alter import dynamics.
Environmental and sustainability issues affecting fish supplies, which could influence prices and availability.
Changing consumer preferences towards more sustainable and locally sourced seafood alternatives.