The forecast data for the re-import of dried shelled peas into Canada from 2024 to 2028 indicate a steady increase in value from $93.27 thousand USD in 2024 to $102.56 thousand USD in 2028. This represents a compound annual growth rate (CAGR) over the period which suggests positive growth momentum. As we step into 2024, the year-on-year growth rates reflect modest increases, highlighting gradual gains in value.
Future trends worth observing include:
- The impact of global agricultural policies on trade flows and pea production.
- Changes in consumer preferences towards plant-based diets, potentially increasing demand.
- Fluctuations in exchange rates and economic conditions affecting import costs.