The forecast for Canadian imports of live, fresh, or chilled scallops indicates a consistent upward trend from 2024 to 2028, starting at 11.685 million USD and reaching 13.592 million USD. This growth pattern suggests a year-on-year increase, reflecting a healthy demand for scallops in Canada. Based on the projected figures, the average annual growth rate, or CAGR, over the five-year period is notable.
Future trends to watch for include:
- Potential effects of changes in import tariffs and trade agreements.
- The influence of eco-friendly sourcing and sustainability practices on demand.
- Variations in domestic production affecting import dependency.
