The forecast for the import of cured or smoked fish to Canada suggests gradual growth from 2024 to 2028, with values increasing from $104.32 million to $114.25 million. Assuming values for 2023 were slightly lower, this indicates a steady upward trend. The year-on-year variations show a consistent increase of about 2.5% each year. Over the five-year period, the compound annual growth rate (CAGR) is expected to be around 2.5% as well.

Future trends to watch for:

Shifts in consumer preferences towards healthier and convenient food options could drive demand.
Trade policies affecting seafood imports, spurred by geopolitical factors, may impact import volumes.
Adoption of sustainable fishing practices might influence supply chain and import dynamics.