The forecast for frozen Nile Perch and Snakeheads imports to Canada shows a consistent upward trend. Starting from $5.88 million in 2024, the predicted increase reaches up to $9.35 million by 2028. This forecast reveals an average annual growth rate of approximately 13.15%, indicating a robust market demand.
Future trends to watch for include:
- Changing consumer preferences, potentially impacting demand.
- Trade policy developments that could affect import dynamics.
- Price fluctuations and supply chain disruptions due to geopolitical or environmental factors.
- Technological advancements in the supply chain enhancing efficiency and reducing costs.