The import of olive oil and fractions blends to Canada has been forecasted to rise at a steady rate from 2024 to 2028, with values increasing from $3.0655 million to $3.2139 million. The year-on-year growth rates between 2024 and 2028 suggest a consistent increase, although specific percentage variations are not detailed. The cumulative average growth rate (CAGR) over this five-year period indicates a modest yet sustained upward trend in import values.
Future trends to watch for in the Canadian olive oil market include potential shifts in consumer preferences towards healthier oils, changes in import tariffs and trade agreements, and global olive oil production fluctuations that may influence pricing and availability.
