Key Market Indicators
Canadian pulses production is projected to hit 8.2 million metric tons by 2028, up from approximately 7.5 million metric tons in 2023. This represents a compound annual growth rate (CAGR) of 1.4%. Since 1966, Canada's supply of pulses has increased by an average of 3.5% annually. In the global rankings for 2023, Canada secured the third position, trailing behind Myanmar, which produced around 7.5 million metric tons, and China. Notably, Myanmar, Canada, and China occupied the second, third, and fourth spots respectively in the global pulses production hierarchy for the year.
