In 2023, the production value of plums and prunes in Canada was approximately stable from previous years. As we look forward, forecasted figures show a steady year-on-year increase: 6% in 2025, 5.5% in 2026, 5.2% in 2027, and 4.9% in 2028, with a compound annual growth rate (CAGR) of around 5.4% from 2024 to 2028.
Future trends to watch for include:
- Potential impact of climate change on agricultural yield and quality.
- Shifts in consumer preference towards organic and sustainable produce.
- Developments in agricultural technology improving production efficiency.
- Trade agreements affecting import/export dynamics for Canadian produce.
