The gross production of green maize in Canada is forecasted to decline from 80.34 million US dollars in 2024, down to 75.99 million US dollars by 2028. The year-on-year percentage variations indicate a steady decrease in production value at approximately -1.37% from 2025 to 2026, -1.39% from 2026 to 2027, and -1.52% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is roughly -1.40%. This reflects an overall declining trend in the value of green maize production in Canada.
Future trends to watch for:
- Potential changes in climate conditions affecting crop yields.
- Policy or market shifts that could influence supply chain dynamics.
- Technological advancements in agriculture that may improve efficiency and offset decline.