The imports of dried, salted, or in brine tilapias, catfish, carp, eels, Nile perch, and snakeheads fillets into Canada are projected to grow from $273.98 thousand in 2024 to $311.69 thousand by 2028. This represents a steady year-on-year increase, estimated at around 3.5% annually over the period. As of 2023, these imports were valued at approximately $264.65 thousand, indicating an upward trend in the market.
Future trends to watch for include:
- Potential changes in consumer preferences towards other types of fish, which could impact demand.
- Trade policy changes or tariffs that could alter import costs and market dynamics.
- Environmental factors affecting fish supply chains and subsequently pricing and availability.