In 2023, Canada imported live, fresh, or chilled crabs valued at 61.7 million US dollars. The forecast for 2024 to 2028 indicates a steady increase in import values, with year-on-year growth ranging from approximately 1.46% to 1.37%. This consistent growth reflects a compound annual growth rate (CAGR) of about 1.46% over the five-year forecast period.
Future trends to watch for include:
- Fluctuations in global crab supply due to environmental and regulatory factors.
- Changes in consumer preferences affecting demand for fresh seafood.
- Impact of trade policies and currency fluctuations on import costs.
