Key Market Indicators
In 2021, Canada was ranked 7th in the global ranking, South Korea overtook at $46,830 Million. The United States, Nigeria and Pakistan respectively were numbers 1, 2 and 3 in this ranking. Canadian agricultural GDP is expected to reach $24.2 billion by 2026, up from $23.2 billion in 2021. That's an average annual growth rate of 0.7%. Since 2012, the Canadian market has grown by an average of 1.4% each year. In 2021, Canada was 13th in the global ranking, with South Korea overtaking it at $23.2 billion. The United States, Nigeria and Pakistan were ranked 2nd, 3rd and 4th respectively. Canadian agricultural production is projected to reach $49.9 billion by 2026, up from $46.8 billion in 2021. That's an average annual growth rate of 1%. Since 1996, the Canadian supply has grown by an average of 1.9% each year. In 2021, Canada ranked 7th in the global ranking, with South Korea overtaking it at $46.8 billion. The United States, Nigeria and Pakistan were ranked 1st, 2nd and 3rd respectively.