In 2023, Canada's clams production was last recorded at 2.18 thousand metric tons. The forecast for 2024 to 2028 indicates a steady increase in production, starting from 2.23 thousand metric tons in 2024 and reaching 2.42 thousand metric tons by 2028. This represents an average annual growth rate of around 1.63% when calculated as a Compound Annual Growth Rate (CAGR) over the five-year period.
Observations for future trends:
- Monitor environmental sustainability practices as they may impact production capabilities and market access.
- Pay attention to possible changes in consumer demand and market dynamics both domestically and internationally.
- Evaluate any regulatory shifts that could affect the fishing and aquaculture industries.