Key Market Indicators
Canada's frozen food import and export are both set to grow slightly in the coming years. Import is expected to reach $232 million by 2026, a slight 0% decrease from 2021's $234 million. Since 1994, demand has fallen by 2.8% year on year. In 2021, Canada came in 19th place, with Saudi Arabia just ahead at $234 million. The U.S., South Korea and Japan followed in 2nd, 3rd, and 4th place respectively. Export is forecast to hit $168 million by 2026, a 1.2% increase from 2021's $157 million. Since 1994, supply has increased by 2.2% year on year. In 2021, Canada was 10th, with Egypt at $157 million. China, Spain and Mexico were the next three countries in the ranking.
