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Outlook to 2027 for Canadian Fish and Seafood

Outlook to 2027 for Canadian Fish and Seafood

Outlook to 2027 for Canadian Fish and Seafood (PDF2.6 MB)

Economic Policy and Research
Economic Analysis and Statistics Directorate
2018

About the report

The Outlook to 2027 for Canadian Fish and Seafood presents the results of a dynamic simulation model developed at Fisheries and Oceans Canada and includes projections of global consumption, production and trade for 12 species groups of fish and seafood. The Outlook does not present a specific prediction of the future but describes a plausible, forward-looking assessment based on the best available information. It is driven in large part by continued population growth and rising income in certain parts of the world, trends expected to persist over the longer-term. However, events and outcomes that cannot be foreseen, such as extreme weather events and ongoing trade negotiations, could impact the trajectory described in the Outlook. The results described in the Outlook provide a benchmark against which policy changes and external shocks can be evaluated to assess their impacts and assist in policy development.

Highlights

Global seafood outlook

Canada's seafood outlook

Projections for Canadian exports by species

Figure showing the projections for Canadian exports by species. Image is a stacked bar chart of Canadian exports by species group for years 2000 to 2027. A dashed line divides the bars to show values for years 2017 and earlier are from data while values after 2017 are projections based on the model. The species included in each group are described in the outlook report.

Infographic summarizing the projections for Canadian exports by species.

Values in billions of Canadian dollars

Year Crab Freshwater Lobster Molluscs Groundfish Pelagics Salmon Shrimp Tuna Other
2000 0.7 0.1 0.9 0.3 0.8 0.1 0.5 0.3 0.0 0.2
2005 0.6 0.1 1.0 0.3 0.7 0.2 0.7 0.5 0.0 0.2
2010 0.6 0.1 0.9 0.3 0.5 0.2 0.7 0.4 0.0 0.2
2015 1.0 0.1 2.0 0.4 0.5 0.2 0.9 0.6 0.1 0.2
2017 1.5 0.1 2.1 0.5 0.7 0.2 1.1 0.5 0.1 0.2
2020 1.2 0.2 2.6 0.5 0.9 0.2 1.0 0.4 0.1 0.2
2025 1.1 0.2 3.3 0.6 1.1 0.3 1.0 0.5 0.1 0.2
2027 1.0 0.2 3.2 0.5 1.1 0.3 0.9 0.5 0.1 0.2

Source: Statistics Canada, SEASIM projections

Spotlights

Lobster

Crab

Aquaculture

Contact Us

Fisheries and Oceans Canada
Economic Analysis and Statistics Directorate
Economic Policy and Research
InfoECON (DFO/MPO): DFO.InfoECON.MPO@dfo-mpo.gc.ca

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