In 2023, Canada's fish body oil export volume stood at an estimated level slightly above 2.5 thousand metric tons. From 2024, forecasts predict a gradual decline in export volumes, decreasing from 2.5 thousand metric tons to 2.4 thousand metric tons by 2028. This represents a consistent annual decline of about 1% over the five-year period, suggesting a trend of diminishing export volumes.

Future trends to watch for:

Potential changes in global demand for fish oil due to shifts in dietary trends.
Regulatory changes impacting fisheries and export capabilities.
Innovations in aquaculture that may alter production levels.
Environmental factors and sustainability practices influencing fish populations.